NVDA
📊 Nvidia saw a modest gain of 3.14% this week but remains somewhat aligned with the broader market’s performance.
⏳ The stock needs to reclaim its 40-week moving average to confirm a definitive end to the recent pullback phase.
📉 Despite recent consolidation, Nvidia continues to hold a critical support level established during its base formation, avoiding a bearish breakdown.
@VisionariosBolsa:
“We have stocks like, for example, Nvidia, which this week is up 3.14% but remains a bit in line with the market. We need to see the recovery of that 40-week average to understand that we are really going to leave this floor behind, although be careful because, as I’ve been telling you in recent months, it continues to mark this base floor. Therefore, we couldn’t say that Nvidia, eh, has reached a bearish behavior. In fact, I already said at the time that I hadn’t sold and that probably if we broke this base downwards, I would sell, okay? Because my stop zones were already reached. For now, we remain in, we continue with over a hundred percent profitability in Nvidia, so it continues to do super, super well.”
Watch the exact part of the video where @VisionariosBolsa talks about NVIDIA Corporation here:
Watch the video on YouTube
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