Based on the provided data and recent market activity, let me analyze NVDA's price outlook for next week.

Technical Analysis

The stock closed at $134.70 on December 20, showing a strong recovery of +3.08% with above-average volume of 295 million shares . Key technical levels to watch:

• Resistance: $136.02 (accumulated volume resistance)
• Support: $131.60 (accumulated volume support)
• Fibonacci levels: R1: $135.43, R2: $137.10, S1: $130.04, S2: $128.37

The stock is currently in a weak rising trend in the short term . The MACD shows a sell signal, while RSI at 46.82 indicates neutral momentum.

News Sentiment Analysis Recent positive catalysts:

• Jim Cramer noted Friday's session as an "exquisite moment" where stocks rebounded after weakness
• PCE inflation data came in weaker than expected, potentially giving Fed more flexibility on rate cuts

Potential headwinds:

• US plans to blacklist Chinese company Sophgo related to TSMC chips found in Huawei processors, which could impact semiconductor sector sentiment

Price Prediction for Next Week Based on technical indicators and ATR analysis, NVDA is expected to trade between $129.37 and $140.03 next week . The most likely scenarios:

Bullish case (60% probability):

• Target: $140-142 range
• Drivers: Continued market recovery, positive AI spending outlook

Bearish case (40% probability):

• Target: $128-130 range
• Drivers: Profit taking, broader market weakness

Recommendation: HOLD current positions or establish small long positions near support at $131.60. Consider taking profits if price reaches $136-137 resistance zone.

Disclaimer: This analysis is based on current market conditions and historical data. Markets are inherently unpredictable and all investments carry risk. Please conduct your own due diligence before making investment decisions.