The analyst predicts a near-term rally in NVDA stock until earnings at the end of August, followed by a decline starting in September.
Local pullback is almost complete, masses will give up soon leading to a rally until earnings; after September, the stock will experience pain.
Local pull back is incomplete yet but we are close The masses will give up shortly THEN we get the rip until $NVDAs earnings at the end of August. But from September onwards It’s pain. https://t.co/pcsmZty1zv
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -1.6% | -1.8% |
| 1 week | -0.7% | -2.4% |
| 1 month | +3.9% | +3.2% |
| 3 months | — | — |
| 6 months | — | — |