NVDA

[HooctAwnFonix]

I've been looking a lot at tech stocks, particularly computer services and semiconductors. I noticed that NVIDIA Corp took a beating the past 10 days, from over $12 to $8.52 at closing today. I think 25% over a month or two seems very feasible.
Any thoughts?

[MoreYummy]

It could be. But it is heading to some resistance, if s&p keep going down, it will continue as well.

[fizzziks]

It could be. But it is heading to some resistance, if s&p keep going down, it will continue as well.

What do you expect it to go to? I'm looking for a position with NVDA.

[MoreYummy]

At the moment it still going down. If me, I might take some position at 7.8 or so.

[Albert0373]

I like it long here from a technical perspective, it bounced off of some strong support levels.

[mo_dingo]

Their earnings improved this quarter, but they are still negative. Long term, I really like them. But short term, idk what's going to happen. Until the PC market returns, I would shy away, unless you can hold for a year or so.

The candles for the last 2 days still look bearish, the bears hammered the bulls down pretty hard. I think the stock will go down next week, at least in the first 2 days.

[jlcnuke]

I'm long NVDA for a bit and happy with my entry positions in the last couple weeks. I'm expecting 13 in the next few months personally.