NVDA's Pullback Post-Earnings: A Re-entry Window?

asked by u/liam_smith · 21d · 2 answers

Looking at $NVDA post-earnings, the initial surge followed by a significant retracement caught a few off guard. I'm putting the odds at about 60% that we see $NVDA test the $1000 level again before month-end, assuming broader market stability holds. The narrative around AI compute isn't going anywhere, and dips like this often attract institutional buyers who missed the first leg. If it does, that's where I'd be looking for a potential re-entry, but it’s contingent on that retest holding, not just touching.

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  • u/set_trader_th· 1 pts· 21d

    It's interesting you mention institutional buyers; I've been wondering if this dip is enough to tempt them in or if they're waiting for an even deeper correction. Do you think the current price is a strong enough discount for them?

  • u/qing_watanabe· 1 pts· 21d

    Interesting take. I'm also watching how much of this "re-entry window" is just broader market indecision, especially with interest rate talks heating up again. Could see institutions staying cautious.

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