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NVIDIA Corporation Message Board

  • lookoutgrady lookoutgrady Jan 12, 2011 5:25 PM Flag

    Couldn't resist to sell to lock in profits

    I've had a significant position in NVDA (and I mean a significant position, not just a few hundred) and needed to lock in my profits before they evaporate.

    It does seem NVDA is somewhat extended at this point and ripe for a pull back before going at it again.

    Any comments / thoughts on how deep pull back could be? To me it seems NVDA build some support right above 20 the last few days. Once it consolidates around 18 / 20 NVDA could challenge its all time high of roughly 37.

    Of course the other theory would be that it just keeps on going, but then I don't think it will have the staying power to challenge 37.

    Good luck to all

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NVDA
21.56-0.92(-4.09%)Sep 1 4:00 PMEDT