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Aug 26 at 04:19 AM
$NVIDIA(NVDA.US)
To elaborate on my estimated guess of 225, I am
choosing that rough estimate based on technicals.
Nvidia is tricky to chart. She has a clear uptrend. However the waves are a bit tricky and can go either way.
So to make it simple, I choose the hourly 200 EMA and 200 MA as a rough guide where 200 MA is 211.8 and 200 EMA is 212.2. Initially, I choose an estimate in between which gives 212.
However, the market is liking the earnings results and price is green pre market. Hence, I cannot ignore price action and adjusting my estimates to reflect that.
😊
@Captain's Watch
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