UPDATE to my NVIDIA DD Yesterday. I DOUBLED DOWN and am NOT selling until earnings!
Follow-up to my NVIDIA DD from yesterday. I don’t think we’ll be headed straight up, but I do see us revisiting $140 before earnings. I’m not selling until then or we see its earrings report.
- The max drawdown from the start of a 10%+ drop to the bottom is 34%
- The average return from the start of a 10% drop 6 months later is 42%
- The average return from the start of a 10% drop 12 months later is 57%
- Based on the last 4 years and the past 4 quarters, NVIDIA is rated a 5/5 based on its fundamental growth
I gathered this data using NexusTrade, a free tool designed to make advanced financial research and algorithmic trading accessible to everybody.
NVIDIA is the stock of our generation. It powers ALL of AI, from traditional models to models like ChatGPT. It’s not going bankrupt. In fact, because of DeepSeek, this will spur MORE innovation, and I, for one, am excited to see where this goes!