$NVIDIA (NVDA.US)$ explaining why I'm loading at 115 and dif...
explaining why I'm loading at 115 and diff other key levels as my 2nd or 3rd tranche I have mentioned. first small red circle is 115 support level. if it rebounded from there, at least I have load myself a small portion, the 2nd big red circle is as low as 103. if it penetrate lower than 90. that's a big problem. Just my perspective explaining my next run. not financial advise, do your own homework.
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GreenHermes : My opinion: Technically, your red circles have basis. Look at the fundamentals though, current price is fair and square, being around your small circle. The pe of 55 is indeed a bit higher, say, than msft’s 35. But nvda’s realizing-as-we-speak growth potential is obviously there, justifying the higher PE. The reason people still eyeing your larger circle, that’s folks betting on pure mood swing on the market.,, anyway, I myself all hands in, but again, this is just me.