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| Fear has become opportunity for Nvidia (SYM: NVDA). After catching support at its 50-day moving average, Nvidia is just starting to pivot higher again. From its last traded price of $123.07, we're looking for NVDA to again test $140.
Helping, analysts at Piper Sandler just reiterated an overweight rating on NVDA with a price target of $140. The firm noted that "We view the setup positively ahead of the July quarter earnings and the October quarter guidance." NVDA is also becoming over-extended on RSI, MACD and Williams' %R. Did you miss yesterday's Chart of the Day? Click here to view it now. | DC2 Publishing LLC 4260 NW 1st Avenue Suite # 55 Boca Raton, FL 33431 – 4264 Copyright © 2023 Daily Guru Trades, All rights reserved. You are receiving this email as part of your subscription to Daily Guru Trades. If you have any questions, please contact us at support@dailygurutrades.com. Daily Guru Trades is a newsletter offered to the public on a subscription basis.
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