Early Buy Signal for NVIDIA (NVDA)

about 1 month ago

Ed Carson

"I think now you could just wait to get above this week's high. It would probably serve as an early entry and still be pretty close to the 50-day line. I wouldn’t be surprised if, over the next four weeks, it rose 20 to 25 percent."

The discussion indicates a strong early buy signal for NVIDIA (NVDA). Investors should consider entering a long position if NVDA breaks above this week's high and remains near its 50-day moving average, with an expectation of a 20-25% advance within the next four weeks.

Related Stocks