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NVDA's Pullback Post-Earnings: A Re-entry Window?
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.
2 comments · 1 points
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?