[Yield Hunting Recommendation]Missed the low entry point for NVDA? Don't regret it—give FCN a shot！
Hello,
There’s a saying in the capital markets: You can’t catch every opportunity. The market is ever-changing, and lows often only become clear in hindsight.
You were indifferent to NVIDIA at $120, found it out of reach at $143, and now, even though its current price hasn’t broken previous highs, it still feels heavy under pressure. Even if it’s a stock worth holding long-term, getting in at the wrong point can still leave you burdened by a high entry price.
Let’s take a look at NVIDIA’s current trend.
Technical Analysis
Current Price (as of December 6, 2024): $142.44
Support and Resistance Levels
Support: $115.85
Resistance: $152.75
From the current price position, it is close to the resistance level at $152.75. This suggests that if the price breaks above $152.75, it may have further upside potential. However, caution is needed near this level due to the risk of a pullback.
Short-term Technical Signals
Overall Bias: Mildly bullish
Key Indicators:
Momentum indicators are trending upward.
The 60-day moving average remains in a bullish alignment, with short-term moving averages showing a crossover.
The RSI (Relative Strength Index) is still in the strong zone.
For a dominant large-cap stock like NVIDIA, bearish events during its upward movement often encounter strong support. For instance, this week, due to the impact of an antitrust investigation, NVIDIA’s stock price dipped below $140 again, increasing volatility. Meanwhile, the yield quotes on FCNs (fixed coupon notes) have risen accordingly.
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🌟🌟🌟I am fortunate that I did not miss the boat on $NVIDIA Corp(NVDA)$
Nvidia has a wide moat in terms of its dominant position in AI chips which is in such high demand that it has a time lag in supplying them.
@Tiger_Academy @TigerStars @Tiger_comments
There’s a saying in the capital markets: You can’t catch every opportunity. The market is ever-changing, and lows often only become clear in hindsight.
你在120美元的時候對英偉達無動於衷，在143美元的時候發現它遙不可及，而現在，儘管它目前的價格沒有突破前高，但它仍然感到壓力重重。即使這是一隻值得長期持有的股票，在錯誤的時間點買入仍然會讓你揹負着高昂的入場價格。