Is it time to buy the dip in NVDA?
Nvidia (NVDA) had a 17% decline in one day, representing over $600 billion lost in market cap, which was the single biggest decline in market cap in the history of the stock market (META held the record before at $232 billion). Wit that being said, is it time to buy the dip on NVDA, or do you wait for the stock to show signs of stabilizing? I’ll be going over the technical analysis for NVDA as well as providing different time frame perspective of the daily, weekly and monthly charts.
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