NVIDIA: Is There an Iceberg in the Future for this Unsinkable Titanic?
@Trend_Radar：
$NVIDIA(NVDA)$ is highly popular with positive sentiment, but caution is advised due to potential rapid sell-offs by institutions using algorithms. Nvidia's strong technical indicators include 100% buy signals, significant price gains, and a Trend Seeker buy signal, despite recent minor losses. Fundamental factors show impressive revenue and earnings growth expectations, but failure to meet these could result in significant stock drops. Analysts are generally bullish with high price targets, but the stock remains volatile and speculative; diversification and stop-loss strategies are recommended. Technical Indicators: 100% technical buy signals 114.25+ Weighted Alpha 150.06% gain in the last year Trend Seeker buy signal 1.64 - 60 month Beta Above its 20, 50 and 100 day moving averages 5 new highs and up 0.62% in the last month Relative Strength Index 46.68% (below 50% is a cautionary signal for me) Technical support level at $133.45 Recently traded at $135.91 with 50 day moving average of $139.87
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Like
Report
Login to post
No comments yet