$NVIDIA(NVDA)$ NVIDIA (NVDA) — Outlook

Bottom line (conditional): The fundamental picture remains strongly expansionary — revenue growth is still accelerating, margins are near record highs, and forward earnings estimates imply the stock trades at a low-20s forward P/E, well below its own 3-year average. That said, the stock is consolidating below its 52-week high, capital flows have been net negative for most of the past month, and the market's bar for "beating and raising" is now very high. The setup is best described as fundamentals strong, price action neutral-to-consolidating, sentiment demanding .
NVDA
10-22 06:04
USNVIDIA
SidePrice | FilledRealized P&L
Buy
Open
221.45
0
-3.68%
Holding
NVIDIA

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    ·10-22 07:45
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