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re: How High Do you think Nvidia stock can go?

Posted on 6/22/24 at 7:09 pm to
Posted by tss22h8
30.4 N 90.9 W
Member since Jan 2007
18791 posts
Posted on 6/22/24 at 7:09 pm to
I don't know, but I'd hate to ride the roller coaster on the way down.
Posted by sjmabry
Texas
Member since Aug 2013
18602 posts
Posted on 6/24/24 at 3:44 pm to
Hold on!
Posted by SlidellCajun
Slidell la
Member since May 2019
13508 posts
Posted on 6/24/24 at 9:16 pm to
Holding

Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 6/24/24 at 9:59 pm to
Bought some NVD today.
Posted by Honest Tune
Louisiana
Member since Dec 2011
18208 posts
Posted on 6/25/24 at 9:05 am to
Same. Already had dipped my toe in, but decided to put a little more into it this morning.
Posted by meeple
Carcassonne
Member since May 2011
10187 posts
Posted on 6/25/24 at 9:15 am to
Same
Posted by Honest Tune
Louisiana
Member since Dec 2011
18208 posts
Posted on 6/25/24 at 9:48 am to
Hold on to your butts
Posted by TxTiger82
Member since Sep 2004
34312 posts
Posted on 6/25/24 at 11:06 am to
quote:

NVDA is a tulip, but we have not hit peak tulips yet.


NVDA is most certainly NOT a tulip. The earnings are real. They are supplying literally all the GPUs going into all the data centers currently being built by the biggest tech firms in the world.

In fact, the P/E ratio has actually gone down, which means that earnings growth has outpaced price increase over the past 2-3 years. Pretty incredible.

The real question about NVDA is not about whether we're in a bubble (we're not), it is when the Tech Five capex will slow down. Once a CEO comes out and says, "AI is great, but we're gonna slow down on the capex for now," that's your top for this business cycle.



Posted by TxTiger82
Member since Sep 2004
34312 posts
Posted on 6/25/24 at 11:08 am to
quote:

Hold on to your butts


Last couple of days were all about balancing expiring options contracts, and a little bit of profit taking by folks who got spooked by the volatility.

NVDA is going right back to the $130 ballpark by the end of the week, and $145-150 by August.
This post was edited on 6/25/24 at 11:09 am
Posted by tigerbacon
Arkansas
Member since Aug 2010
4167 posts
Posted on 6/25/24 at 1:33 pm to
Had some NVDA before the split. Saw the dip the last few days so before market opened I placed an order to buy more and glad I did. I’ll ride to 185 then sell half my position.
Posted by Honest Tune
Louisiana
Member since Dec 2011
18208 posts
Posted on 6/25/24 at 2:26 pm to
quote:

NVDA is going right back to the $130 ballpark by the end of the week, and $145-150 by August.


What’s your long term outlook?
Posted by Nole Man
Somewhere In Tennessee!
Member since May 2011
8001 posts
Posted on 6/29/24 at 5:19 pm to
Good Video

This guy broke down the current state very well. Worth a watch.

Summary:

RE: potential pullback and “buying the dip”. Look for weaknesses in the stock for buying opportunities.

Discussed the significant corrections experienced in 2022.

Watch how the stock moves with the 50 day moving average. Then 200 day moving average.

First level of support is $120. Will investors start to nibble more? Watch for volume. If that level doesn’t hold, then…

Then next target is $100. Finally $80.

BUT..

$200 on the horizon??


This post was edited on 6/29/24 at 7:32 pm
Posted by Granola
Member since Jan 2024
1656 posts
Posted on 7/10/24 at 10:09 am to
Up to 133.51. Stock is moving nicely
Posted by Double Oh
Louisiana
Member since Sep 2008
21372 posts
Posted on 7/10/24 at 10:42 am to
Up 13 pts since the spilt.

I will take 13 pts going up every month in a heart beat
Posted by beaverfever
Little Rock
Member since Jan 2008
34244 posts
Posted on 7/11/24 at 7:35 am to
Back up to 137 premarket. Y’all are welcome. I took one for the team and took a nice chunk off the table last week.
Posted by KWL85
Member since Mar 2023
2245 posts
Posted on 7/11/24 at 8:04 am to
The gift that keeps on giving.
Posted by Double Oh
Louisiana
Member since Sep 2008
21372 posts
Posted on 7/11/24 at 8:46 am to
quote:


Back up to 137 premarket. Y’all are welcome. I took one for the team and took a nice chunk off the table last week.


Bro come on we still in the 1st inning of this stock
Posted by Honest Tune
Louisiana
Member since Dec 2011
18208 posts
Posted on 7/11/24 at 12:25 pm to
That’s kinda horny
Posted by Honest Tune
Louisiana
Member since Dec 2011
18208 posts
Posted on 7/30/24 at 10:42 am to
Currently sitting at $104.
Posted by Granola
Member since Jan 2024
1656 posts
Posted on 7/30/24 at 10:53 am to
It's been brutal
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