SamSuka
The Long Investor
The Long Investor

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$NVDA

For a bit of fun, here's a long term chart for $NVDA. The pull back last year was right down to the 0.78 Fib and held and the bounce has been non stop since....if we consider the bottom last year as Wave 2....then this could possibly and I mean this in the looses terms because their fundamentals need to catch up on the valuation right now. BUT if they hit their guidance and continue to grow at a substantial rate, then the targets shown are possible. 

I do not recommend buying at these prices, not after the run it has had lately, the real test of strength is the pull back and where it holds support, until then, this is a risk I won't be getting involved in.

$NVDA

Comments

Please keep NVDA in top 20?

cruseworld

Capt., few days after earnings now plus the rise in pm today. Honestly, when and where do you see a pull back?

Bjoern Szymkowiak

Howcome NVDA is not in your top 20?

Mike


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