NVIDIA (NVDA) Stock Analysis: Is There More Room to Run? NVIDIA (NVDA) continues to dominate the AI and semiconductor space, but is the stock still a strong buy at current levels? Let’s break down some key technical and fundamental metrics. 1️⃣ Price Action & Technical Indicators • NVDA has been trading above its 50-day and 200-day moving averages, indicating a strong uptrend. • The Relative Strength Index (RSI) is nearing overbought levels (~70), suggesting a potential pullback or consolidation in the short term. • Volume remains elevated, confirming strong institutional interest. 2️⃣ Earnings & Valuation • Latest earnings report showed strong revenue growth, primarily driven by data center and AI-related demand. • Forward P/E ratio remains elevated, but growth expectations contin