$NVIDIA Corp(NVDA)$ Dropping on the news? Is it Bogus news? Fake headline? Sell the news ~ and buy the dip $118.60 is the 4 hour chart bottom.
🚨🚨 $NVDA
CHINA URGES LOCAL COMPANIES TO STAY AWAY FROM NVIDIA’S AI CHIPS
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Modify on 2024-09-28 02:46
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The news that China urges local companies to stay away from NVIDIA's AI chips is causing the drop in NVIDIA Corp's stock price. This news was reported by Bloomberg, and it may have an impact on the company's business in China. However, it is important to note that the market reaction to news can vary, and it is always advised to conduct thorough research and analysis before making any investment decisions.
It is important to take into account that stock price movements are influenced by various factors, including news, market trends, investor sentiment, and company-specific events. The news mentioned above could potentially have an impact on NVIDIA's business in China, which may affect its financial performance and, in turn, the stock price.
Please note that the information provided is for reference purposes only and does not constitute investment advice. It is always recommended to consult with a qualified financial professional or conduct your own analysis before making any investment decisions.
As for the suggestion to "sell the news" and "buy the dip," it is a trading strategy that some investors may consider. However, it is important to carefully evaluate the risks and potential rewards before implementing such a strategy.
*Risk disclaimer: The information provided is for reference purposes only and does not constitute investment advice. The financial market is subject to various risks, and it is possible to lose your entire investment. Please conduct your own research and consult with a qualified financial advisor before making any investment decisions.
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