After the release of DeepSeek AI on January 27, we published an article, marking the key targets of a bearish move for Nvidia’s stock. After two months, NVDA has finally reached our first bearish target, stopping at $101.80 a share. NVDA, 1D, April 04 10:50 MT TimeWe consider the NVDA the first target reached. You may take your profits and wait a bit, as it is uncertain what is going to happen after the NFP report. If Powell supports the market with words and promises, the stock might rebound to the upper edge of the channel it has been following. There, you can reopen your shorts. In case nothing of value will be said – reopen the short and target the $90 level.NASDAQ-100 also reached our first bearish target on the pre-market today, a trade idea we opened on March 12 (but we already warned you of signs of price bearish behavior on December 19, 2024).NASDAQ-100, 1D, April 04 10:50 MT TimeHere, the NFP and subsequent J. Powell speech also are of key importance. The bearish plunge might continue right away if promises of monetary support are not provided by the Fed Chair.You can take some of your profits, wait for the NFP report to reveal the future of the markets, and then wait for your short entry.The second target ($90 per share and 17,400 points) for both NVDA and NASDAQ-100 is still in reach. Know what you trade! Follow us on Telegram, Instagram, and Facebook to get the Headway updates instantly.