Jupiter Vibes
07-25

As much as everyone wants to see NVDA climb further, I'm in the belief that it will first fall to its support at $140-$150 before going higher once more. And I'd only add positions around this price range. It's skeptical how the red tape barriers all play out. Will Jensen be really able to sell chips to China? What if Trump starts some nonsense once more? Never know eh. You guys know how volatile Trump is. His mood is just like the weather. Unforseen. Unpredictable. And all calm may just be before the impending storm.


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Waiting Game: Nvidia at Highs, Add at $170 or Wait $150?
Nvidia’s Q2 revenue rose over 55%, but revenue in China dropped sharply by 24%, wiping out $93B in market value. After the last earnings report, Nvidia pulled back and consolidated before breaking to new highs, eventually climbing to $180. This time, the earnings aren’t actually bad — the recent surge just front-loaded the gains. 1. Is $170 the start of Nvidia’s new bull market, or should we wait for a pullback to the $150 support level? 2. What’s your choice — is it ever too late to buy Nvidia? 3. How will AVGO affect Nvidia stock price?
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