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Nvidia hits new high; leveraged ETF shows bullish potential despite volatility risks.

Technical Signals
07 Oct 2026
Seeking Alpha
View Source
Bullish
Nvidia hits new high; leveraged ETF shows bullish potential despite volatility risks.

Nvidia's stock recently reached an all-time high, yet its forward valuations remain compressed, indicating potential for further gains. The T-REX 2X Long Nvidia Daily Target ETF (NVDX), a leveraged product, benefits from strong technical momentum but is best suited for intraday trading due to volatility drag. Analyst calculations suggest a 34% upside for Nvidia based on expected earnings growth and $1.3 trillion data center capital expenditure by 2027. However, risks include possible downward earnings revisions and high volatility, which could negatively impact leveraged returns over longer periods.

Nvidia's stock price on Pluang is currently USD 237.05, just below its 52-week high of USD 239.27 as of Oct 08, 2026 02:42 WIB. Despite this near-peak price, the stock's 1-day change is slightly negative at -0.93%, and its dividend yield remains modest at 0.42%. The typical hold time on Pluang is 115 days, with a balanced order activity of 48% sell and 52% buy, highlighting steady investor interest amid the stock's technical momentum.

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