A Phone Call From Trump Just Earned Nvidia Stock a Potential 30% Boost

Mitrade Team
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Nvidia (NVDA) stock price has rallied for seven consecutive sessions since the May 6 breakout, climbing to $227 on May 13. The move sits inside a 32% measured move setup, and the fundamental catalysts behind it have just multiplied.

Jensen Huang joined President Trump’s Beijing delegation as a last-minute addition on Tuesday, putting $50 billion in China AI chip opportunities back in play.

At least five Wall Street firms have raised or reiterated their Nvidia price targets in the past 48 hours. Earnings land on May 20. But the Chaikin Money Flow is sending a quieter, more cautious signal underneath the rally.

NVIDIA Stock Hits a New All-Time High. Source: Google Finance

Nvidia Stock Bull Flag Breakout Targets $267

The Nvidia stock chart broke out of a bull flag and pole pattern on May 6, 2026. The pole rallied 31.92% across April and early May, and the flag resolved upward with strong volume on the breakout candle.

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Every daily session since May 6 has closed green. The measured move projects a 32% rally from the breakout zone, with $267 the textbook target.

Bull Flag BreakoutNVIDIA Stock Bull Flag Breakout: TradingView

The fundamental catalysts have stacked up in the past 48 hours. Jensen Huang joined President Trump’s delegation to Beijing as a last-minute addition on May 12.

Trump personally called Huang after the Nvidia CEO was initially absent from the executive list, and Huang flew to Alaska to board Air Force One. Beijing has been pushing for greater access to Nvidia’s H200 AI chips, a market Huang has sized at $50 billion.

Wall Street has reinforced the setup. Bank of America’s (BofA) Vivek Arya raised the firm’s Nvidia price target to $320 from $300 on May 13, citing a $1.7 trillion total addressable market for 2030 AI data centers.

Wells Fargo’s Aaron Rakers raised to $315 from $265 on May 12, using a new gigawatt-capacity model. Susquehanna’s Christopher Rolland raised to $275 from $250, aligned with the chart targets discussed earlier. Citi reiterated $300. Oppenheimer reiterated $265.

Nvidia Analyst TargetsNvidia Analyst Targets: TipRanks

The Nvidia stock price now sits between the breakout zone and the target, with earnings due May 20. The next signal sits in the institutional flow data.

Money Flow Sends a Quieter Warning

The Chaikin Money Flow (CMF) indicator, which measures the volume-weighted balance of buying and selling pressure as a proxy for large money positioning, sits at 0.24 on the Nvidia daily chart.

The reading is in positive territory. The interesting signal is what has happened underneath it. The CMF peaked in late April and has since trended steadily lower, while Nvidia’s stock price has trended higher. The result is a bearish divergence on the daily chart.

CMF AnalysisCMF Analysis: TradingView

That divergence does not invalidate the breakout. Big-money flow has softened, but it remains net positive. The pattern is consistent with profit-taking into strength or hedging ahead of the May 20 earnings report.

The put-call ratio data adds the second layer. The Nvidia put-call volume ratio sits at 0.32 on May 13, up from 0.29 around the May 6 breakout. The open interest ratio has eased to 0.80 from 0.81 over the same period.

Nvidia Put-Call RatioNvidia Put-Call Ratio: Barchart

The increase in volume-based puts alongside steady open interest fits the same picture as the CMF divergence.

Some hedging is being added to the rally, but overall positioning remains heavily call-skewed, with put-call ratios well below 1.0. The setup stays bullish with some prudence layered in.

Nvidia Stock Price Levels Show $227 as the Decision Point

Nvidia stock price trades at $226, sitting right next to $227, the 0.618 Fib zone of the recent range.

The 0.618 level is the structural pivot. A daily close above $227 opens $235, $247, and the textbook pattern target at $267. Beyond that, the 1.618 extension at $279 aligns with Susquehanna’s price target.

The 2.618 extension at $332 sits just above Bank of America’s $320 target.

The downside levels matter too. Support stacks at $214 and $207. A daily close below $207 would weaken the breakout structure. The deeper invalidation sits at $194, the 0 Fibonacci anchor. A break under $194 would weaken the entire bullish structure.

Nvidia Stock Price AnalysisNvidia Stock Price Analysis: TradingView

A daily close above $227 keeps the path to $267 open and brings the analyst price ladder into view. A close below $207 hands control to the CMF divergence and risks a deeper consolidation toward $194.

May 20 earnings will likely break the tie.

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Disclaimer: The content presented above, whether from a third party or not, is considered as general advice only. CFD trading involves significant risk of loss. Past performance does not guarantee future results. This article serves informational purposes only and does not constitute financial advice. Consider your risk tolerance before trading.

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