When To Buy Back Into Nvidia--Should You Look At Valuation, Price Movement, Or Both?
Portfolio Pulse from David Pinsen
The article discusses the recent pullback in Nvidia (NASDAQ: NVDA) shares and explores different narratives for the decline, including market rotation, potential tariffs, and concerns about the AI bubble. The author shares their strategy for trading Nvidia shares and options, emphasizing the use of price movement and technical indicators for entry and exit points. The author plans to buy Nvidia shares again if it appears in their top ten names and meets specific technical and valuation criteria.

July 18, 2024 | 2:57 pm
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Nvidia shares have recently declined due to various market concerns. The author suggests using price movement and technical indicators to determine entry and exit points for trading Nvidia shares and options.
The article provides a detailed analysis of trading strategies for Nvidia shares and options, focusing on price movement and technical indicators. The author plans to buy Nvidia shares again if it meets specific criteria, indicating a neutral short-term impact.
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RELEVANCE 100