NVDA 1 year forecast

NVDA 1 week chart printed the same Fib TSI bearish signal pattern in the week of March 25th 2024 as it did in the week of November 22nd 2021. I'm going to make a bold statement and forecast NVDA stock price to be 345 by April 2025. I'm retracing this target as 346 is NVDA high price in the week of November 22nd 2021, so that would be a natural support level in a year from now. Please drop a comment and let me know what you think.

NVDA levels:
YTD high = 974
YTD low = 473
1 year high = 974
1 year low = 262

NVDA options data:

1/27/25 LEAPS
Put Volume Total 1,456
Call Volume Total 2,544
Put/Call Volume Ratio 0.57
Put Open Interest Total 274,100
Call Open Interest Total 203,657
Put/Call Open Interest Ratio 1.35

3/21/25 expiry
Put Volume Total 310
Call Volume Total 819
Put/Call Volume Ratio 0.38
Put Open Interest Total 13,061
Call Open Interest Total 13,796
Put/Call Open Interest Ratio 0.95

6/20/25 expiry
Put Volume Total 412
Call Volume Total 498
Put/Call Volume Ratio 0.83
Put Open Interest Total 74,123
Call Open Interest Total 67,586
Put/Call Open Interest Ratio 1.10

Comment:

Still waiting for NVDA to be overbought again: