Rikity

NVDA - Breakout

NASDAQ:NVDA   NVIDIA
Last week much of the market and sector sold off, NVDA did not follow. Their new video card series rtx 30xx has been selling out each release in seconds. They likely wont be able to meet demand for several months. Their competitor on the GPU market, AMD appears to be pretty far behind. Fundamentally and technically I feel this has potential to the upside by 40-60 points over the next 3 months.

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