Tuesday February 14, 2017.
Hello and welcome to today’s free report, it’s Tuesday the 14th of February.
The suject of today’s report is NVIDIA. last at 108.38.
NVIDIA is the highest ranked momentum stock in both the Nasdaq 100 and the S&P 500.
The company is expected to grow at an annual compound rate of about 35% for the next 5 years so it does rate well as a growth stock.
That all said, I’m not suggesting to buy here.
The nearest buy zone, in my view, is near the 100 day moving average, intersecting today at $90.
If you are interested in getting NVIDIA, that is where to wait. Just above the rising blue line.
I cannot guarantee it will fall that far, but if it does, it will present compelling value for new buyers.
Until next time, for Key Levels, I’m Paul Nojin.
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