Nvidia can still rally another +40%

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Nvidia can still rally another +40%

$NVIDIA Corp(NVDA)$ After rejecting the channel resistance in June, July and August of 2024 and correcting about -40%, buyers immediately stepped in and pushed Nvidia much higher.

There is a quite high chance, that we will see a final blow off rally, squeezing out the last remaining bears.

Levels to watch: $200

If NVDA has a bad earnings report, I'll just buy more. If you want to know why, go back and check the price levels of every previous "miss" and compare them to where the stock is today.

Quick summary of that: we are in the early stages of an AI revolution, and NVDA has no serious competitors and they can't make their chips fast enough. I rest my case. Keep your long term vision

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Money365
·11-21 05:05
Who's this guy? From Wall Street?
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There is a quite high chance, that we will see a final blow off rally, squeezing out the last remaining bears. Levels to watch: $200If NVDA has a bad earnings report, I'll just buy more. If you want to know why, go back and check the price levels of every previous \"miss\" and compare them to where the stock is today. Quick summary of that: we are in the early stages of an AI revolution, and NVDA has no serious competitors and they can't make their chips fast enough. I rest my case. Keep your long term vision<img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/568389d783eb42e24368dab187d3b68a\" tg-width=\"640\" tg-height=\"480\"> </body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"NVDA\" class=\"teditor-mention\" data-mention-name=\"NVIDIA Corp\" href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> <v-v data-views=\"1\"></v-v>After rejecting the channel resistance in June, July and August of 2024 and correcting about -40%, buyers immediately stepped in and pushed Nvidia much higher. There is a quite high chance, that we will see a final blow off rally, squeezing out the last remaining bears. Levels to watch: $200If NVDA has a bad earnings report, I'll just buy more. If you want to know why, go back and check the price levels of every previous \"miss\" and compare them to where the stock is today. Quick summary of that: we are in the early stages of an AI revolution, and NVDA has no serious competitors and they can't make their chips fast enough. I rest my case. Keep your long term vision<img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/568389d783eb42e24368dab187d3b68a\" tg-width=\"640\" tg-height=\"480\"> </body></html>","text":"$NVIDIA Corp(NVDA)$ After rejecting the channel resistance in June, July and August of 2024 and correcting about -40%, buyers immediately stepped in and pushed Nvidia much higher. There is a quite high chance, that we will see a final blow off rally, squeezing out the last remaining bears. Levels to watch: $200 If NVDA has a bad earnings report, I'll just buy more. If you want to know why, go back and check the price levels of every previous \"miss\" and compare them to where the stock is today. Quick summary of that: we are in the early stages of an AI revolution, and NVDA has no serious competitors and they can't make their chips fast enough. I rest my case. 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