It's been a while
Disclaimer:
I'm long-term bull bias towards this stock.
This is not financial advice.
Lets find out.
Bad grammar.
I own common shares and long-options.
Sup guys,
It's been a while. I've been an AMD bull for a long time and now I have switched my position to NVDA .
I believe NVDA , at this time, is undervalued based off its price action. At around 20 x earnings i believe this company has a huge opportunity to deliver based off its business model and product line.
Simply put, NVDA is not only a gaming company, but a company that maps the world, and allow its hardware to work with its eco-system.
Technical:
50 percent retrenchment might happen
RSI: oversold
MACD on the 5 day looks strong.
Week to come:
Can we stay above the 50d EMA?
Will spy and nasdaq deliver a bull run?
Lets see, guys.
Disclaimer:
I'm long-term bull bias towards this stock.
This is not financial advice.
Lets find out.
Bad grammar.
I own common shares and long-options.
Sup guys,
It's been a while. I've been an AMD bull for a long time and now I have switched my position to NVDA .
I believe NVDA , at this time, is undervalued based off its price action. At around 20 x earnings i believe this company has a huge opportunity to deliver based off its business model and product line.
Simply put, NVDA is not only a gaming company, but a company that maps the world, and allow its hardware to work with its eco-system.
Technical:
50 percent retrenchment might happen
RSI: oversold
MACD on the 5 day looks strong.
Week to come:
Can we stay above the 50d EMA?
Will spy and nasdaq deliver a bull run?
Lets see, guys.