Hey all,
I've been making plenty of posts lately about possible bounce plays into the end of July, one of which was NVDA; noticeably to me, NVDA is the only name that hasn't held up well since I've made said posts. Looking back at NVDA's chart, I'm still very confident it has a strong bounce into the end of July-especially considering market conditions, NVDA's oversold state into a strong support zone, and its history of strong bounces ahead of future legs down. HOWEVER, I'm no longer confident it sees the low 210's anytime soon as I previously predicted; my conservative, revised price target would be the low-180's. Should NVDA see the low 210's in July/August, I still believe it would be a generational shorting opportunity.
Note- though I do own some NVDA at a cost basis of 153.61/share in anticipation of a bounce, I am trying my best to provide objective advice to help you all navigate the markets
I've been making plenty of posts lately about possible bounce plays into the end of July, one of which was NVDA; noticeably to me, NVDA is the only name that hasn't held up well since I've made said posts. Looking back at NVDA's chart, I'm still very confident it has a strong bounce into the end of July-especially considering market conditions, NVDA's oversold state into a strong support zone, and its history of strong bounces ahead of future legs down. HOWEVER, I'm no longer confident it sees the low 210's anytime soon as I previously predicted; my conservative, revised price target would be the low-180's. Should NVDA see the low 210's in July/August, I still believe it would be a generational shorting opportunity.
Note- though I do own some NVDA at a cost basis of 153.61/share in anticipation of a bounce, I am trying my best to provide objective advice to help you all navigate the markets
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。