Bought shares of Nvidia today ($NVDA)

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Finally bought shares of Nvidia today at $8.59 as it is nearing the trendline and MACD and stochastic RSI is already charting oversold levels.  Will add some more if it dips some more but as of now, I believe this stock is already undervalued.  Finally got something that's investible rather than tradeable.      

3 comments:

bart said...

I bought the Sept 10 calls.

Travis said...

I think we will see it dip into the high to mid seven-dollar range before it shoots back up to 12ish.

In the future, I see NVDA being a $20 stock. That may take some time though.

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ec1o said...

Could very well be Travis. Do you think it broke through the channel today?

But I think I got it at a fair price already. I'll add more if it gets to that area.

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