The way I see NVDA $NVIDIA Cor

The way I see NVDA $NVIDIA Corp(NVDA)$ rn is pretty simple. As long as it stays in this bullish trend that began at the start of 2024, it will remain bullish. No if, ands, or buts about it. I’ve seen some people say this could be a potential double top, but the reality is that Nvidia still remains above its bullish trend line. Additionally, looking at the chart horizontally, it remains stuck in the $840-$974 range while our indicators are already consolidating. This, in my opinion, is a bullish indicator, which makes me believe the stock is currently consolidating for the next leg up. It’s going to take time and no stock obviously just goes straight up. It wouldn’t even surprise me if we take a dip below $840 and fall towards the $771-$824 level, but the reality is we have a company here that has so much demand for its product, it has to pick and choose who it sells to. These are just my opinions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":289804037181544,"tweetId":"289804037181544","gmtCreate":1711761311188,"gmtModify":1711761315375,"author":{"id":9000000000000174,"idStr":"9000000000000174","authorId":9000000000000174,"authorIdStr":"9000000000000174","name":"KevinKelly","avatar":"https://static.tigerbbs.com/0965d3709fcccd732467fba87aa4ea6e","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":221,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>The way I see NVDA <a data-mention-id=\"NVDA\" class=\"teditor-mention\" data-mention-name=\"NVIDIA Corp\" href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> <v-v data-views=\"1\"></v-v> rn is pretty simple. As long as it stays in this bullish trend that began at the start of 2024, it will remain bullish. No if, ands, or buts about it. I’ve seen some people say this could be a potential double top, but the reality is that Nvidia still remains above its bullish trend line. Additionally, looking at the chart horizontally, it remains stuck in the $840-$974 range while our indicators are already consolidating. This, in my opinion, is a bullish indicator, which makes me believe the stock is currently consolidating for the next leg up. It’s going to take time and no stock obviously just goes straight up. It wouldn’t even surprise me if we take a dip below $840 and fall towards the $771-$824 level, but the reality is we have a company here that has so much demand for its product, it has to pick and choose who it sells to. These are just my opinions. </p></body></html>","htmlText":"<html><head></head><body><p>The way I see NVDA <a data-mention-id=\"NVDA\" class=\"teditor-mention\" data-mention-name=\"NVIDIA Corp\" href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> <v-v data-views=\"1\"></v-v> rn is pretty simple. As long as it stays in this bullish trend that began at the start of 2024, it will remain bullish. No if, ands, or buts about it. I’ve seen some people say this could be a potential double top, but the reality is that Nvidia still remains above its bullish trend line. Additionally, looking at the chart horizontally, it remains stuck in the $840-$974 range while our indicators are already consolidating. This, in my opinion, is a bullish indicator, which makes me believe the stock is currently consolidating for the next leg up. It’s going to take time and no stock obviously just goes straight up. It wouldn’t even surprise me if we take a dip below $840 and fall towards the $771-$824 level, but the reality is we have a company here that has so much demand for its product, it has to pick and choose who it sells to. These are just my opinions. </p></body></html>","text":"The way I see NVDA $NVIDIA Corp(NVDA)$ rn is pretty simple. As long as it stays in this bullish trend that began at the start of 2024, it will remain bullish. No if, ands, or buts about it. I’ve seen some people say this could be a potential double top, but the reality is that Nvidia still remains above its bullish trend line. Additionally, looking at the chart horizontally, it remains stuck in the $840-$974 range while our indicators are already consolidating. This, in my opinion, is a bullish indicator, which makes me believe the stock is currently consolidating for the next leg up. It’s going to take time and no stock obviously just goes straight up. It wouldn’t even surprise me if we take a dip below $840 and fall towards the $771-$824 level, but the reality is we have a company here that has so much demand for its product, it has to pick and choose who it sells to. These are just my opinions.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/289804037181544","repostId":0,"isVote":1,"tweetType":1,"viewCount":294,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["NVDA"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":744,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/289804037181544"}