$NVIDIA (NVDA.US)$ just personal observation and opinion.. p...
$NVIDIA (NVDA.US)$
just personal observation and opinion.. previous ER climbed from 90 to 140 peak. around 125 to 130 back then, everyone think is kind of pricey already. and indeed 2nd peaked at 136 thus forming double top. (clearly shows market acceptance level was in this range of 130-140 deemed expensive) correction came because of semi cons overextension jus this year.
now at current value now people are actually saying it's undervalue (factoring if the coming ER is a triple break.. [Shocked] i just find it amazing how less than a month perspectives of so many changed that quickly.
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WolfRun : I would say it’s at its fair value now
pootpoot OP WolfRun : I think the company has great potential. the correction is what I felt was right too correcting overextended stocks (micron, arms holdings smci etc..) sort of reminds me of tesla somehow.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Huat2888 : I do agree with you, but the perceptions remains the same though, it's just that they are not the same ppl saying these different perspectives. It all comes down to what you can afford to invest. below 100s, 100s 200,...etc.
Mr Owen : Yea agreed, quite scary
TestLa Kopi : Any bear who got educated on the science behind Nvidia's accelerative computing and the architecture in full stack solutions in AI will suddenly immediately flip .
knowledgeisstrength : I was reading the comments before and after the last ER, and surprisingly the comments , news and narratives back then could very well have applied to this ER. The ecstasies and subsequent agonies expressed then were similar to now except some events have changed. My take is that for Institutions to make money out of Nvidia, the stock has to be "manipulated" through repeated peaks and valleys. No one makes money from a flat line stock
knowledgeisstrength TestLa Kopi : Haha, you're right, I was sold after watching Jensen Huang' Computex Taiwan presentation (2 Jun) in full. It was so good, I watched it a few times. Having missed the emergence of Microsoft and Apple when they built their ecosystems and communities , this one is too good to pass on.