Nvidia (NVDA) stock rallied for seven consecutive sessions since May 6, reaching $227 on May 13. The breakout from a bull flag and pole pattern projects a 32% measured move to $267. Fundamental catalysts include CEO Jensen Huang joining President Trump's Beijing delegation on May 12, which reopened $50 billion in China AI chip opportunities. Five Wall Street firms raised or reiterated price targets: BofA to $320, Wells Fargo to $315, Susquehanna to $275, Citi at $300, and Oppenheimer at $265. Earnings are due May 20. However, the Chaikin Money Flow (CMF) shows a bearish divergence, peaking in late April and declining while price rose. The put-call volume ratio increased from 0.29 to 0.32, indicating some hedging. Key levels: $227 (0.618 Fib) is the pivot; close above targets $235, $247, $267; support at $214 and $207; invalidation below $194. The divergence does not invalidate the breakout but suggests caution. Earnings on May 20 will likely resolve the tension.

Key facts

• Nvidia stock breaks out from bull flag; measured move targets $267.
• Jensen Huang joins Trump's Beijing delegation, unlocking $50B China AI chip market.
• Five Wall Street firms raise price targets; BofA tops at $320.
• Chaikin Money Flow shows bearish divergence, indicating reduced buying pressure.
• Key level: $227 pivot; close above targets $267; support at $207.