NVDA
📈 Nvidia has shown a 180% return on the latent position.
✅ The stock is consolidating well, forming a cup-and-handle pattern.
🚀 The presenter believes there is potential for further gains, especially if the stock breaks out.
@VisionariosBolsa:
“We have Nvidia also in the portfolio, which in this case presents in 30 days, but look how well it is configuring. There is not much to update with respect to the last weeks. We continue here seeing this kind of cup and handle pattern. We continue gaining 180% profitability to the latent position. Remember that we had the purchase above 50 in the breakout of this pattern of rbox that we already sold a large part of the position months ago, but we continue with a latent position to which we gained 180, and be careful because I think we can gain much more to this position. Why? Because although Nvidia has risen so much, look how it does not stop going through those consolidation processes. It goes up, consolidates, goes up, consolidates, and this consolidation is also much more configured, is much wider. We wait for averages much longer, and that can make the movement very well consolidated, this is a much more solid pattern that can give us rise to a greater rise in the medium and long term. Therefore, we continue with that position of Nvidia in the portfolio, and I do not rule out that even at the breakout we can buy even more, okay.”
Watch the exact part of the video where Visionarios Bolsa talks about Nvidia here:
View the video on YouTube.
Read more articles by the world’s top 100 analysts on Nvidia (NVDA) at the following link. NVDA stock.
