NVDA
🐋 Significant institutional investors, including Cathie Wood’s ARK Invest, are reportedly accumulating NVIDIA shares at current levels, signaling confidence.
📈 The stock is consolidating within a defined range; a breakout could lead to new all-time highs, potentially forming a ‘Darvas box’ or ‘double bottom’ pattern.
💰 Despite its massive scale, NVIDIA maintains extraordinary growth forecasts (40-60%+), underpinning its long-term investment thesis.
@VisionariosBolsa:
“Nvidia, another stock we have in our long-term portfolio, and which I’m finding super interesting, is that I keep seeing how renowned institutional investors are accumulating a lot of Nvidia shares at these levels. In fact, the most talked-about is Cathie Wood, whom we all obviously know from the ARK fund, an institutional investor with a very well-known fund, although it hasn’t done very well in recent years; she became very famous, especially in 2020, and is currently buying Nvidia shares like crazy. Notice that, as I said, we are having a crazy accumulation, and that, in fact, could start to be reflected in the chart in these coming months. Notice how I’ve talked about this range that I just drew for you in all these recent weekly reports over the last few months. Precisely, I told you that if we maintained these levels, I wasn’t going to sell my shares. If we broke them, I probably would have to sell them because of what my system indicates. But finally, as if by magic, right? As we always say, those ranges end up holding, and watch out, because we could see some Darvas box pattern here or even a double bottom that in the coming months could make us see Nvidia at new all-time highs. Obviously, I’m getting ahead of myself. This, first I have to see it to even consider pyramiding, buying more shares. Obviously, it would be in my plans if I see new highs, but I think it could be a possibility, especially if Nvidia continues to maintain those numbers, because the growth forecasts that Nvidia still has are absolutely insane. Remember that from this black line down we have forecasts; above we have the latest results, and we’re talking about, obviously, these digits of 200%, 100% quarterly growth are obviously unsustainable, but at these levels where we are already invoicing 40 billion, it’s crazy that we continue to have growth forecasts above 60%, 50%, and 40%. So, be very careful because Nvidia, you know, is one of the largest companies in the world, but watch out because it could surprise us, and I sincerely believe we could establish a good base here to be able to break out to new all-time highs again. Only time will tell; if so, our shares will remain there. We are gaining over a hundred percent profitability. They will stay there, especially if we maintain this pattern, and also, as I said, if we see new all-time highs, we will be there to continue buying more shares.”
Watch the exact part of the video where @VisionariosBolsa talks about NVIDIA Corporation here:
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