“NVDA is a monster technical setup with a support level that held, cheap valuation at 20x forward earnings versus history, and strong analyst consensus, but H200 export licensing is a swing risk.”
Why he says it — point by point
FAVORABLE & AGAINST · BOTH KEPTWhy
Valuation surprise about 20 times forward earnings. Cheap versus its own history uh for this kind of growth rate.
We had the massive selloff all the way down. We hit the line that I had as support. Came down, hit it, pushed back up. Now we're at the critical where I said if we break and confirm this line, it should run. Technically, this is a monster setup in my opinion.
Risk
Watch China H200 export licensing headlines are the swing factor for the sentiment.
The structured call
The receipt
Publish-day price $$211.80 · the claim is anchored to the moment it was said.