On the daily charts, the stock recently climbed above the 50-DMA earlier in September which is a positive sign for the bulls. It is trading above most of the crucial short- and long-term moving averages.
Michael Burry calls Nvidia ‘heck of a trade’ after Huang’s scandal sparks $430 bn selloff. Why is Big Short fame dismissing fears?
Michael Burry sees a near-term trading opportunity in Nvidia despite his broader concerns about AI valuations. The Big Short investor believes Jensen Huang’s personal controversy