Nvidia Shareholder Meeting - Bullish but expect Short Term Volatility risk

$NVIDIA(NVDA.US)$ Definitely bullish because Nvidia is a good company to invest in for the longer term. But there is concern that the stock is overbought and a price correction is coming.
I believe Nvidia CEO will be announcing new products and new directions for the company to grow further (master plan). The recent insider trading dented investor's confidence in the stocks and triggered a sell-off for 3 days. I think those investing for a longer term will continue to hold.
My strategy is to reduce my risk by investing the stock through ETFs like the S&P500. If a price correction were to come, the impact on the ETF is minimised as the other mega-cap stocks are still doing well. I prefer a diversified portfolio - don't put all eggs (cash) in one basket (single stock).