NVIDIA Analysis: Short-Term Gains & Long-Term Potential

Short-Term Analysis (1-2 weeks):
Price Action: The current price is near the lower boundary of the descending channel, with the support level around $174.80. This could act as a good entry point for a potential rebound.
Technical Insights: The chart shows a descending channel, indicating that if the price reaches the lower boundary, there's a likelihood of a short-term reversal.
Price Target: In the short term, the first target would be around $180, which is near the upper resistance of the channel. If broken, a further move toward $185 could be possible.
Stop Loss: If the support at $174.80 breaks, the stop loss could be set at $170.

Long-Term Analysis (1-3 months):
Price Action: If the price manages to break out of the descending channel, a continued bullish trend would likely push the price toward $190. This is a strong resistance level.
Technical Insights: A breakout from the descending channel would indicate a continuation of the bullish trend. In that case, the price might reach higher levels above $190.
Price Target: In the long run, if the price breaks above the channel, the next target could be $200.
Stop Loss: In case the price drops below $170 in the long term, the bearish trend would likely continue, with a stop loss set at $160.

Summary:
Short-Term: Support at $174.80, with a price target of $180 and a stop loss at $170.
Long-Term: Bullish target at $190-$200, with a stop loss at $160.
Always consider fundamental news that could significantly impact price movements.