$NVIDIA (NVDA.US)$ at present,i think its cautiously bullish...
$NVIDIA (NVDA.US)$ at present,i think its cautiously bullish. but for me.. i felt the rate cuts were factored in already, nvda presently is already overvalued.. just how overvalued can it be. technicals wise.. i have not seen a clear break from triple top yet. meantime its still scalping small trades for me in between.. small moves and full cash is my priority (just my personal view)
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Sg Lion : Is it possible for the valuation to reach 200? 500?
The real Honey bee Sg Lion : 1000 moms
pootpoot OP Sg Lion : well no one can tell the future. who knows at one point of time it becomes tesla no.2 before your valuation
Sg Lion pootpoot OP : Thanks for sharing. Clear and rational. Reading more of your reviews is more realistic than reading some experts. thanks
pootpoot OP Sg Lion : well im no expert. i have only been trading for 3 years and im still learning everyday
151654992 pootpoot OP : While it is possible for nvidia to become Tesla No. 2, it's unlikely to happen in the near future, merely because competitions haven't caught up yet. EVs are different due to the tougher competition China has to offer right now. Just my 2 cents as a CFD engineer in AI and motorsport.
pootpoot OP 151654992 : yes maybe. it all depends whether this AI story can continue for many years to come and that jensen can continously create miracles.
151654992 pootpoot OP : We do see projection in smaller manufacturable chips from nvidia for the next 5 years.
However, China is actively catching up with chip design and manufacturing - it is possible for Huawei to enter with game changing technologies if it hasn't already. Regardless, nvidia will still grow a bit, perhaps not as fast it has been. But then again, I could be wrong.
pootpoot OP 151654992 : well personally i do hope it continues to grow (have to admit its very good trading with a growing stock).
ETONA Sg Lion : 500 is likely impossible in 2024. if we talk about 200 or 175, still reasonable in 2024
2025 still no idea
election is also a major key here
like intel future will be hardly affected by the election result
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