SmartHunter
01-29

NVIDIA’s stock (NVDA) has recently experienced significant volatility, primarily due to developments in the artificial intelligence (AI) sector. A notable factor was the emergence of DeepSeek, a Chinese AI startup, which announced a major breakthrough that could potentially disrupt the AI landscape. This announcement led to a 17% decline in NVIDIA’s stock, erasing nearly $600 billion in market value.

As of January 29, 2025, NVDA is trading at approximately $128.99. Technical analysis indicates that the stock is currently situated between a support level at $134 and a resistance level at $149. A decisive move beyond either of these levels could signal the stock’s future direction.

Given the recent price movements, it’s essential to monitor key support and resistance levels. The stock has support around $102, $96, and $76, with significant recovery resistance near $130.

Despite the recent downturn, some industry experts believe that DeepSeek’s advancements could ultimately benefit NVIDIA by accelerating AI adoption, thereby increasing demand for NVIDIA’s chips.

Retail investors have shown confidence in NVIDIA’s long-term prospects, purchasing a record amount of NVDA stock during the recent decline.

In summary, while NVIDIA faces challenges due to emerging competition in the AI sector, its foundational role in AI hardware positions it well for future growth. Investors should closely monitor technical indicators and industry developments to make informed decisions.

Personally I would be adding more into NVDA as it inly comprises about 8% of my portfolio.

$NVIDIA(NVDA)$  $NVIDIA(NVDA)$  

Modified in.01-29
Nvidia's Moat is Gone: Avoid or Buy the Dip Under $100?
DeepSeek’s shift away from CUDA challenges Nvidia’s closed ecosystem and reliance on proprietary software. Other GPU manufacturers can now offer viable alternatives DeepSeek’s approach challenges. Nvidia's monopoly, increases hardware flexibility for developers, and creates space for competition in the GPU market. ------------- Does it mean Nvidia's moat is gone? you think DeepSeek's emergence will be a short-term or long-term bearish factor for Nvidia? What's your target price to buy the dip?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Tiger_CashBoostAccount
    01-31
    Tiger_CashBoostAccount
    The stock market is inherently volatile. It's important to keep a cool head and not let short-term fluctuations deter you from your investment strategy. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies.
    Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
    Other helpful links:
Leave a comment
1
2