$NVDA Accumulation
Updated
One of the industries I'm looking to accumulate heavily in the bear market is AI and Tech. Nvidia is a leader of it's field and will be one of the main companies that rises from the ashes better and stronger. Nvidia went on a crazy run 6 years going from around 7USD to 300.
It's now down 50% from its ATH and like most stocks, I expect them to keep bleeding through 2023 and 2024. I'm a buyer below 100USD laddering down to 40USD-50USD.
I expect this stock to perform very well over the next decade.
It's now down 50% from its ATH and like most stocks, I expect them to keep bleeding through 2023 and 2024. I'm a buyer below 100USD laddering down to 40USD-50USD.
I expect this stock to perform very well over the next decade.
Note
"I expect this stock to perform very well over the next decade" - could have just said quarter, longed and been up 80%. Anyway!
Obviously not a buyer up here. I'll see how PA develops. Chart idea attached.
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