NVDA Jim Cramer just said on “Insider Monkey”: “Jim Cramer on NVDA Pullback; ‘The Greatest Stock of This Generation is taking a Break”….that means BULLRUN!!!!
NVDA ummm I am neither a bull or a bear. I go with my analysis. I suggest drawing fibs and use the pitchfork. You will see that it is showing a high of $158 ish currently. September is a different situation than november. It is not done going up yet. As of today that's what I see for the high. Trump pump is just getting started y'all. He got the magic touch.
NVDA We could see a gap down next week sometime before earnings. I think the price pumped a lot this week after election. Way more likely traders will just take profits and not hold into earnings. Especially with last NVDA earnings tanking so hard on good earnings.
Some of the price spike expected from earnings is already there from the election spike. So I'm definitely not holding into earnings.
Also, guidance for Q1 matters a lot more than Q4 earnings. And if they revise down, price will fall sharply.