NVDA - don't buy the dip (yet)
Posted: Apr 20, 2024
- The poster is watching NVDA's stock run back to pre-earnings highs before the upcoming earnings report - They believe NVDA will beat earnings expectations, but may not hit new all-time highs yet - The optimal trading strategy is to ignore short-term rallies and focus on the company's market potential - They recommend staying on the sidelines for 2-3 weeks before making any trades - The poster plans to accumulate shares in the $600-700 range ahead of earnings, avoiding puts and looking for market weakness.
Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!