Thoughts on NVDA?

Discussion in 'Stocks' started by VicBee, Sep 30, 2021.

  1. VicBee

    VicBee

    I've had a good year day trading NVDA shares, up until it hit 223 in late August. I failed to take advantage of the rise to 230 and stayed away from the following lateral moves on expectations of a drop, which it did, to 207 on 9/20, before bouncing back to 225 3 days later and dropping again. I jumped in too early at 217 when instead it fell below the 207 support level.

    Anyone following NVDA? What's your thoughts on over the next 3 months?
     
  2. Girija

    Girija

    I am not a fundamentals expert but it may get a boost when semis supply chain issues resolve eventually.
    Tech usually doesnt have long term longevity since survival depends on continuous innovation.
    If someone else has a better offering they will get hit. But that assumes indefinite holding.
     
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