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Nvidia

Nvidia is this sustainable?Hello everyone. So from a fundamental perspective Nvidia has great products and technology, the profit margins are also great. But a 70/1 P/E ratio? Does that seem sustainable? I mean how many years would it take for the P/E to normalize with the price staying the same as it is, to let's say 20/1 which is still high relative to historical standards. Maybe there is something out there that will quadrupple the earnings of this company in a short time. But let's we what the charts say shall we? Well from a technical perspective the stock is overvalued, the red middle line is the average of the trend. And as you can see the price is way above the growth average. Pretty much confirming that what the P/E ratio tells us. The problem is in this sort of mania the price could go up even more before eventually going down. It's not safe to short here. Just keeping an eye on this stock is the plan now. Also it goes without saying, I would never buy a stock at these technical levels and these valuations.
NASDAQ:NVDA
by MedianLineAnalysis
3
Nvidia: Reverse Head and Shoulders Pattern Analysis 1D (Apr. 20)X FORCE GLOBAL ANALYSIS: In this analysis, we take a look at both technicals and fundamentals for Nvidia (NVDA) Technicals - We see a text book reverse head and shoulders pattern - It seems as though the right shoulder has also finished forming, and our neckline remains around our support at $285 - Our all time high resistance sits at $315 - The Relative Strength Index is forming higher lows, and continues in an uptrend as a sign of trend strength - The Moving Average Convergence Divergence (MACD) also shows increasing bullish histograms after a golden cross, indicating signs of momentum - Normally, a breakout from the reverse head and shoulders pattern is resulted by an increase by the same degree of the depth of the neckline Fundamentals - The operating margin for Nvidia sits at 26.10%, gross at 62%, and net at 25.6. - Nvidia generates considerably more profit, after expenses are accounted for, compared to its counterparts What We Believe Overall, Nvidia shows bullish technicals, and sound fundamentals. As a solid stock, it appears that Nvidia could move on to test new all time highs. Trade Safe.
NASDAQ:NVDALong
by XForceGlobal
3