$NVIDIA(NVDA)$ The chart is sh

$NVIDIA(NVDA)$ The chart is showing a healthier setup after a few weeks of consolidation. While some other AI leaders paused, capital seems to have been rotating toward the stronger names in the group. Momentum looks to be improving on the chart, with the MACD turning up and price moving back above the 20EMA.

The technical picture is encouraging, but the bigger factor is still execution. If AI infrastructure spending continues and demand stays strong, this kind of consolidation could form a new base rather than signal a reversal.

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