$NVIDIA (NVDA.US)$ 1 hour left after sideways expecting a di...
$NVIDIA (NVDA.US)$ 1 hour left after sideways expecting a dive 📉
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Junius Falcon : Seems downtrend slowing down reaching mid-range support, but not out
STOCKS GUY FR OP : noted, waiting to see next h4 candle first then we can have better picture of the analysis
STOCKS GUY FR OP Junius Falcon : Junius, I think we might see this stock pop upwards from here after yesterday’s support. Daily timeframe is very promising tbh. getting some calls today when it opens later.
Junius Falcon STOCKS GUY FR OP : Hey Stocks Guy, I think daily movements are hard to predict, it could fall to the mid-range again to form a "W" or to a higher support then going up. Every resistance or support can be a short term turning point (news, data, emotion whatever). Nevertheless, the long term direction is probably up, as the price remains stagnant while the company is generating more EPS (estimated steady slower growth in 2025 and faster growth in 2026). Thus, I see price rising on support line on the attached chart. Even if the SP500 fall by 15% in 2 years, the current price will be a strong support. I don't see there is a way losing money here (yet) in the longer run. On the good side, this will have more potential, 150$ is very possible next year.