$NVIDIA(NVDA)$ Consider that investors are about to be presented with compelling dip buying opportunities. We've seen investors continue to rotate out of blue-chip names, selling down on Nvidia, which has pushed it into correction territory, down 13% from its high. But each time $NVIDIA(NVDA)$ has been in a correction or even bear market (down 20%) it always recovered and then hit new record highs. This will be the fourth time this year Nvidia has seen a big pull back. In March it fell 20% and then hit new record high. In June it fell 33% and then later hit a new record. Nvidia's recovery will probably happen again as its results highlighted showed companies like Microsoft, Meta, Amazon are not slowing down on their orders of Nvidia's GPUs.
Nvidia Dips: Would You Bottom Fish at $130?
Nvidia dips under $130. Some suggest now is a good time to add nvidia and short Tesla.
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At what price would it be a good time to buy the dip?
Would you go long on Nvidia and short Tesla?
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Comments
Can buy ?