$NVIDIA Corp(NVDA)$ Yes the stock will hold the 100 level in August bit not before sinking below 100 first. This is due to the heavy selling by its CEO and the poor bagholders got scared and sell off. Those who have done their due diligenve will continue to pick up the shares below 100 and wait for the rebouns when the dust settles. Nividia is one hell of a company as its chips are widely used and trusted by the AI industry. The stock would eventually rise again to iys former glory above 120 and then to the moon! Do not be rattled by the daily ups and downs. Stay long term if you had got the shares below 100. As sure as the sun rises, NVDA will rise to its former glory yet again and then to the moon? Good luck!
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With earnings in 13 days from today, IMHO expect NVDA to be $150+ after earnings.
End of August another big report coming and the stock goes over $160
20 more days and there would be lot of disappointments then to not have bought at current price. Let’s go longs.
we may see 115 plus tomorrow all short have to cover to keep their pants not losing. GO NVAD ! ! !
Never panic with Nvidia. Next 5 years you are smart money.
The NVIDIA AI bull is extremely hungry!
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