$NVIDIA(NVDA)$ Minor Price drop one day before GTC Keynote is to be expected as retail Investors adjust their expectations with the possibility of sentiment swinging wildly to either side.
Personally holding Long with small leverage but certainly will take advantage of any dips if Jensen's Keynote underwhelms.
Price is unlikely to hit any yearly High in light of possible economic disruption. Additionally any bearish trends are short-term doubts that are contrary to its current value. Surface level details like P/E trailing and forward ratios look fair and its recent 10K filings and earning have managable Debt to Assets and good Revenue.
Future is looking bright but we should not expect it to go as far as the moon, 160+. Will reassess post GTC
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