Nvidia Buy Trigger on Price Drop Condition

1 day ago

Jose Najarro

"Now for AMD and Nvidia, I tend to look more at forward or next 12 months PE ratio. Now while both are subject to dollar cost averaging, my call for Nvidia is more explicit: if right now Nvidia is sitting at 32.64, then if we get in the 29s, 28, its super attractive. If we get anywhere near the mid20s, that1s an extremely extremely heavy buy position for me. I would consider these levels as key triggers for entering or increasing my positions."

The speaker outlines an actionable trade call for Nvidia. He indicates that if the stock, currently around 32.64, drops into the high 20s or mid-20s, it becomes a strong buying opportunity, signaling a clear entry point to scale into or increase positions.

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