meszaros

We expect a further reduction in NVIDIA share prices...

meszaros Updated   
NASDAQ:NVDA   NVIDIA
We expect a further reduction in NVIDIA share prices. According to our assumptions, the exchange rate decreases to a level of 152.32 usd at relative low speeds. Then it may rise again to a correction level of 173.39 usd. There are two options here. Or again, it is a sideways course, and the other is taking a boost and approaching the target price of 249.25 usd. The formation of a lasting rally will result in a higher target price, but we will return later.
Comment:
Sorry, we're spoiled.
Correctly, our primary target price is USD 208.69
Secondary (but this seems far away) would be 249.25 usd.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.