NVDA: Buy the Dip or Wait Lower Price?
It’s been an ugly run in semiconductor stocks though, not just Nvidia. The $NASDAQ(.IXIC)$ fell 2.2%, the $VanEck Vectors Semiconductor ETF(SMH)$ fell 2.25% and AMD and Nvidia fell 3.6% and 5.2%, respectively.
Nvidia stock has been getting obliterated over the past few weeks, as it's now 25% off the March high. Will it continue lower?
All semiconductor investors, do you have any ideas on it?
No matter the fundamental analysis, technical analysis or any reasons you are bullish on or bearish on, tell us your thoughts!
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What is the buy trigger?
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But I have no worries for both investments.
Tesla is the market leader for EVs and EVs are the future of the
Currently, it is rather turbulent and it is hard to differentiate pull backs from trend reversing. Probably look for the next Support and apply strict risk management to "catch the dip".