Nvidia Faces Export Curbs: A Golden Buying Opportunity?
Nvidia recently took a 5% hit due to export restrictions on its A800 and H800 chips, causing its market value to vanish by a whopping $53.5 billion overnight. Is such setbacks poise a golden buying opportunity?
Despite the recent dip, Nvidia has demonstrated solid resilience over the years. If we take a peek at the 52-week stock chart, you'll notice that even with the hiccup, the stock has consistently climbed upward, proving its long-term strength.
With the decline in Nvidia stock price, it might indeed be within reach for buying opportunities or accumulate your position. But, predicting the real bottom and timing the market has been proven hard and tricky. Instead, look for signs of stabilization and start accumulating at a safe & value price point that makes you comfortable in investing in this company. The tech industry is known for its cyclicality, and Nvidia remains a market player with significant growth potential in the long term.
Well the ideal buying price for Nvidia depends on your investment goals, risk tolerance, and time horizon. As for me, Nvidia is for long term investment and be rewarded for their consistent growth. Hence, it is wise to keep a look out for opportunity to buy the dip when you are comfortable especially during this time when it is presented at a good entry price $430 to accumulate my position yesterday. But one thing's for sure, Nvidia is a tech powerhouse with a promising future, and buying in at a reasonable valuation could be a smart move for investors and myself.
Nvidia might be shaking in the short term due to export restrictions that the market is facing, but long-term prospects seem promising and rewarding. Always keep an eye on the market, and consider accumulating Nvidia stock at a price that aligns with your investment strategy, so that your portfolio is well protected with profit when entered every time on the dip.
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.
Got in at 121 sold at 501. Profit $7m. Shorting now from 500. Easy up and easy down. See ya. It’s a pleasure taking your money. Now be gone.
Man, NVDA is like the ultimate market indicator! When it's up, the whole market's up, and when it's down, the whole market's down....why big news come in option exp week....all gang up man ....💪💹
Oh yeah, we are pure momentum trading bulls, my friend! 🚀 When it comes to NVDA, we've been on fire, making money like 90% of the time! It's been one heck of a winning streak. Buy now and sell by year end.
I tell you, this stock is seriously overinflated! It needs to come crashing down by a whopping 50% just to hit what I'd call a fair value. 📉😤
Yep this roller coaster is the best. after hours and pre market divergence should have its own index.