NVIDIALong
Nvidia LONG - Confirmed Channel & Stochastic at its low
Nvidia LONG as it reached the lower bound of a confirmed channel & stochastic is in a oversold neighborhood
Fundamental:
Best long-term investment since earnings are expected to double until 2020. Moreover, it is the current leader in the AI, gaming and Virtual Reality sector as it is almost the only company that is able to deliver the intense graphic power, which is needed for such complex products. In addition, the compound annual growth rate (CAGR) in the autonomous car segment is expected to be 62% and in the Virtual Reality segment 108% until 2020.
That being sad, there is a lot of room to grow for Nvidia in the future and hence the stock is not overvalued at this point.
Fundamental:
Best long-term investment since earnings are expected to double until 2020. Moreover, it is the current leader in the AI, gaming and Virtual Reality sector as it is almost the only company that is able to deliver the intense graphic power, which is needed for such complex products. In addition, the compound annual growth rate (CAGR) in the autonomous car segment is expected to be 62% and in the Virtual Reality segment 108% until 2020.
That being sad, there is a lot of room to grow for Nvidia in the future and hence the stock is not overvalued at this point.
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