Here's why buying Nvidia (NVDA) stock in December is an excellent strategy
Portfolio Pulse from
Nvidia (NVDA) started December 2024 with its stock price falling below the 50-day moving average, trading at $131.

December 17, 2024 | 3:00 pm
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NEGATIVE IMPACT
Nvidia's stock price has fallen below the 50-day moving average, indicating potential short-term weakness.
The stock price falling below the 50-day moving average is a technical indicator that may suggest short-term bearish sentiment. This could lead to further declines if investors perceive it as a sign of weakness.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100