How low will the price go for Nvidia stock

Nvidia's stock price is not expected to go significantly lower in the near term, based on the following analysis:

1. Strong Buy Ratings and Price Targets: Nvidia has a strong buy consensus among analysts, with an average 12-month price target of $144.17. This represents a significant upside from the current price, suggesting that analysts expect the stock to appreciate in value.
2. Technical Indicators: The stock's RSI is at 41.26, indicating a neutral sentiment. The Bollinger Bands show a mid-value of $114.21, with a lower value of $95.74, suggesting a level of support below the current price.
3. Market Performance: Nvidia's stock has shown resilience despite a broader market correction, with a 5-day moving average of $102.71 and a 10-day moving average of $106.24. This indicates that the stock is holding above its short-term moving averages, which is typically a bullish signal.
4. Fundamental Analysis: Nvidia's fundamentals are strong, with significant revenue and earnings growth. The company's strategic focus on AI and its leadership position in the industry bode well for its long-term prospects.

In conclusion, while there may be short-term fluctuations in Nvidia's stock price, the overall trend is expected to be upward, supported by strong analyst ratings, technical indicators, and fundamental analysis.