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MakarovTrade
Nov 11, 2021 7:59 AM

NVIDIA targets 1 and 2 Short

NVIDIA CorporationNASDAQ

Description

the price went up for too long. I expect a strong correction to targets 1 and 2. reaching target 2 will be more difficult.
Comments
nubtrader007
I agree and believe earnings will disappoint, they set the bar too high imo.
eventmain889
remember the quarterly report coming out on the 17 and its expected to be good so dont think its going to pullback just yet
ramenbandit
@eventmain889, it'll be interesting to see. Many companies have beat and gone down 10-20%. Nvda has ran 45% in last month, I'll probably sit out on this one.
shula_love
@eventmain889 if the good news are already priced in, that’s a different story.
shula_love
Expecting to create a head and shoulder pattern by the earnings date. Nice analysis.
wardaK
Agree with @eventmain889's remark 100% and don't forget about OP Analysts PT to 375. I am betting on NVDA going up and up with expected good numbers.
shula_love
@wardaK do you think nvda will move up to +375 after the earnings report?
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