NVIDIA $NVDA has continued its previous downtrend. This may signal that a monthly-level correction is officially underway, with the entire cycle expected to take 6–12 months.
Looking at the downside, $150 is the first support level, but I don’t think it’s necessarily going to hold. The area around $100 is more worth watching and could become a key target in this deep correction.
If you’re looking to buy NVIDIA at the bottom for the long term, wait until it’s around $100.
Looking at the downside, $150 is the first support level, but I don’t think it’s necessarily going to hold. The area around $100 is more worth watching and could become a key target in this deep correction.
If you’re looking to buy NVIDIA at the bottom for the long term, wait until it’s around $100.
