RobbyFoxx
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In light of Capital One Financial's recent acquisition of Discover, I would like to discuss the potential impact on the company's value.
3
RobbyFoxx
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$NVDA.US$ fell from above USD140 to below USD120 after the split, which is more than 10% losses in just 3 days, signaled a cooling momentum in this AI rally
$NVDA.US$ Daily Chart
Long term trend: Bullish
Short term trend: Bullish with technical correction
Fibo Analysis (Apr 2024 low to Jun 2024 high): Price is testing 38.2% currently, close below USD115 to trigger more downside
Resistance: USD125, USD130, USD140
Support: USD115, USD105, USD100...
$NVDA.US$ Daily Chart
Long term trend: Bullish
Short term trend: Bullish with technical correction
Fibo Analysis (Apr 2024 low to Jun 2024 high): Price is testing 38.2% currently, close below USD115 to trigger more downside
Resistance: USD125, USD130, USD140
Support: USD115, USD105, USD100...
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RobbyFoxx
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Nvidia $NVDA.US$ shares have pulled back 16% and I think it could maybe pull back further if you look at the next level of support and the Fibo retracement levels. This doesn't mean Nvidia has changed, it's fundamentals are still sound and strong. Nvidia is rated a buy by 89% of sell-side analysts with its revenue expected to grow 98% next year.
But i...
But i...
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RobbyFoxx
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