NVIDIA Corporation (NASDAQ:NVDA)
CAPS Rating:
The company deals in world-wide programmable graphics processor technologies. Its major product-line operating segments are: graphics processing units, media and communications processors, handheld and consumer electronics.
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reasonable PE & good entry point
NVDA failed to get through the 200-day Exponential Moving Average (EMA) yesterday, so expecting a pullback to the 50-day EMA which stands at $13.07. Many technicians have pointed out that NVDA is a "perfect" Fibonacci pattern stock and the retracements are fairly well predictable.
BTW, how do you crate a new subject on these message boards? Thanks.