jazzyxx
10-24

$NVIDIA Corp(NVDA)$

My decision is to take a cautious approach to NVIDIA in the short term. Although the company's long-term prospects remain robust, several factors warrant a more measured strategy. The current elevated stock price poses a risk, especially considering potential production delays that could impact supply. Additionally, the high cost of NVIDIA's chips may contribute to increased volatility in the stock. Given these circumstances, I foresee some short-term downside, with the stock possibly dipping toward the $120 range before stabilizing as production resumes. For options traders, this situation may present opportunities on both sides of the market. However, adopting a more conservative stance appears to be the prudent choice until these production issues are fully resolved and the outlook becomes clearer.

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