NVDA is a strong leader trending higher with higher lows and higher highs, expected to gradually climb toward $250, then $260 and $270, and not slow down. A clear buy signal fired at $212 today after a sell signal near $240 on October 6.
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This is all completely exaggerated, but anyway, that's how markets are. By the way, if markets were rational, we would all be poor. If markets were smart, we would all be poor.
Our advantage is outperforming others. Remember, it's a zero-sum game. If you win, someone else loses. If you lose, someone else wins. You should always win at least 80% of the time.
So, I'd like to see it drop further here to 262. I want 252. A very tempting level. I don't know if we will get to that point. This is a $500 stock. The stock is trading at approximately half its price . In any case, Nvidia is a leader in this field.
A clear buy signal today at $212. It is now $213. The price reached $212 this morning when I wrote this . We had a clear sell signal . Boom! On October 6 , the price reached approximately $240.
Okay, but there is one thing I want you to notice, I will draw my simple lines. Just look, I had this upward range here for Nvidia stock. So, this is the range that the stock will gradually move towards over time.
As you know, $250, then $260, and $270. Higher lows, higher highs, okay? This is his direction. It's a strong stock and it won't slow down.
What this channel has said about $NVDA
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