NVDA broke key supports (230/227) despite being a major AI beneficiary; long-term target is 300, but short-term price is held back by overbuild fears.

Goldman Sachs and others are going to join to buy Nvidia uh chips

Nvidia was supposed to psychologically hold 230. It's not a line, it's just a psychological point. Uh, and then they were supposed to hold the 227 line and they haven't, which I do think is a little bit of a disservice to uh, Nvidia just because they are such profiteeers of uh, this AI madness cycle that we're in. Uh, and and that's a big W for them. But, you know, ultimately the market decides. One day though, Nvidia will be 300 is is my guess. I just don't know when. I think uh what really holds it back is this fear of an overbuild and so we'll get a little bit of color with uh Oracle earnings tomorrow. That'll be interesting. Oracle earnings will give us a little color on how much how's that overbuild going specifically how much financing is being required.