NVDA Repeat? - This time is different?
If you think it will be similar, then the pullback is in and we are about to bounce upwards!
If you think this time is different, then pullback might be to fib 61.8 which coincidentally is 100 and gap fill down to 95
I'm leaning to the latter as it would be a great opportunity to nibble.
My puts strike are there too.
NVDA Daily Chart - 28 July 2024
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.
Great article, would you like to share it?
NVDA is way way over sold on stochastics, with very huge earnings boosts coming in Aug and Nov, and the very strong fundamentals of NVDA, expect NVDA to reach $200+- by end of year
NVDA earnings coming out soon, it will be a gusher. NVDA $165-180 , And Nov earnings another gusher, and $200+ by end of year. Hope nobody is caught short here....
Any tech company that wishes to remain relevant must invest considerable funds in AI. They have no choice. This fact will continue to power Nvidia for a few more years, at least.
NVDA is a cash cow, period full stop. It's dollars and sense.
Good
Great article, would you like to share it?
Great article, would you like to share it?