WendyOneP
04-25

$NVIDIA(NVDA)$ Nvidia at $100 might look bullish, but don’t get caught chasing. A pullback could be around the corner.

  1. Overbought Short-Term: RSI and other momentum indicators are flashing hot. After a quick rally like this, some cooling off is natural and healthy.

  2. Valuation Stretch: Even with growth, NVDA’s valuation is getting ahead of itself again. Priced for perfection = vulnerable to even slight earnings misses or macro shocks.

  3. Market Rotation Risk: If the market starts rotating out of tech and into value or defensives (especially with rate volatility), Nvidia could be the first to get hit.

  4. Profit-Taking Zone: $100–$103 has historically seen profit-taking. With many traders up double digits in a few days, expect some selling pressure to kick in.

Bottom line: The long-term story is still strong, but this rally might need a breather before any shot at $110.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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