NVDA : Time to buy (again) before 26 Feb?
@JC888:
Recap. For week ending Sat, 15 Feb 2025, US market rally had a positive, volatile week, with the S&P 500 just below all-time highs, with the Nasdaq and Dow Jones not too far behind. When market closed on Fri, 14 Feb 2025: (see above) DJIA: -0.37% (-165.35 TO 44,546.08). S&P 500: -0.01% (-0.44 TO 6,114.63). Nasdaq: +0.41% (+81.13 to 20,026.77). Friday also witnessed chip leader $NVIDIA(NVDA)$ reclaimed a key level, recovering from the DeepSeek sell-off from 27 Jan 2025, that forged an ugly consolidation. Near Buy Point? For the week ending 15 Feb 2025, Nvidia rallied +6.75% to $138.85, closing off the week. (see above) Shares are back above the 50-day moving average for the first time since diving -17% on 27 Jan 2025, aka “AI sell-off” day.