$NVDA down over 1.3% today, currently at $207.95. For those who've been tracking it, this isn't a massive drop in the grand scheme, but it's pulling back from recent highs. Is anyone using this as an entry point, or are we expecting further consolidation/correction given its run-up?
Anyone else considering scaling in here? Not going all-in, but a small starter position seems reasonable at this level if you believe in the long-term story.
Could be both. Hard to say if this is just a healthy pullback or the start of something bigger. I'm staying on the sidelines for now, watching how it develops.
I'm definitely looking at this as a potential entry. The overall trend is still strong, and a slight dip like this often shakes out the weaker hands.
Warning sign for me. The recent run has been incredibly steep. A 1.3% drop might not be much, but it's the beginning of a potential trend reversal if momentum shifts.
Opportunity for sure. NVDA has been a powerhouse, and any consolidation just builds a stronger base for the next leg up. Just my two cents.