NVDA
📉 Nvidia’s stock fell 8% despite reporting good results, indicating high investor expectations.
📊 The stock is consolidating within a range, supported by its 40-week moving average.
⚠️ Investors who bought at higher levels may be trapped, highlighting the importance of a good entry point and stop-loss strategy.
✅ The analyst remains positive on Nvidia for the long term, provided it stays within its current range.
@VisionariosBolsa:
“Remember that we have Nvidia, which presented good results. The results were good, but they were not sufficient for the investor. It is true that in after-hours there was not much movement, but the next day it fell 8%. The results were good. In the end, Nvidia is a company that has already risen a lot, and we cannot be asking too much of it. As long as it stays within these ranges in which it is consolidating, okay, there is nothing to ask of it. It is possible that we continue playing with this average of 40 or come to visit this area close to $100, but I already say, as long as it stays in that range, it is a value that I continue to have in my portfolio.”
Watch the exact part of the video where Sito talks about Nvidia here:
Watch the video on YouTube.
Read more articles by the world’s top 100 analysts on Nvidia (NVDA) at the following link. NVDA stock.
