NVIDIA ($NVDA) is showing strong bullish momentum, starting the week with a gap-up and now consolidating just below the key $123 resistance. A breakout above this level could lead to targets at $132, $141, and possibly $150. Fundamentally, NVIDIA remains a leader in AI infrastructure, with strong global demand and potential renewed access to the Chinese market. With semiconductors gaining strength, NVIDIA could lead the next rally—possibly hitting $200 by year-end.

Trade Idea: $NVDA 5/23 125C if price breaks above $123.