NVIDIA Long Term Buy

1 Sep 2022

Nvidia back at a all time LOW + DEMAND zone price previously, violently reacted too on multiple occasions along side an INVERSE HEAD & SHOULDERS pattern that corresponds with the demand zone. News recently dropped price pretty nicely which should catch the eye of investors because who does'nt love a discount? Im looking at this for long term and short term but mainly long term hold due to the risk to reward that the demand zone gives us. NVDA is an extremely valuable business that manufactures GPU's that major consumer brands like Amazon, Facebook, Google and Tesla rely on which means the future is nothing short of blindingly bright for them. Also, taking into account their biggest competitors are AMD & INTEL, they have no room for slowing down anytime soon. Investing is risky, nothing is 100%.