$NVIDIA (NVDA.US)$
Analysis in figures on reasons why NVDA should hold 130+/-3 level then continue to rise up:
1) EPS is relatively sizeable and its growth is rapid at least through calendar 2025 and probably beyond due to exceeded demands.
2) Its price is between fairly valued and undervalued (P/EG estimated on the above EPS projection).
3) 130 support structure is solid based on 4+ tests on the level and now on the trend.
If the macroeconomic remains as project...
Analysis in figures on reasons why NVDA should hold 130+/-3 level then continue to rise up:
1) EPS is relatively sizeable and its growth is rapid at least through calendar 2025 and probably beyond due to exceeded demands.
2) Its price is between fairly valued and undervalued (P/EG estimated on the above EPS projection).
3) 130 support structure is solid based on 4+ tests on the level and now on the trend.
If the macroeconomic remains as project...
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As funny as it may sound, when the rich people's money comes out of the bank, it will go somewhere. CAC market and $NVIDIA (NVDA.US)$ pre-market surged. However, NVDA rises quick again, temporary resistance ahead. Hold the line !
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