{"id":76479,"date":"2024-11-27T15:25:23","date_gmt":"2024-11-27T20:25:23","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=76479"},"modified":"2024-11-27T15:38:19","modified_gmt":"2024-11-27T20:38:19","slug":"jr-romero-i-bought-nvidia","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2024\/11\/27\/jr-romero-i-bought-nvidia\/","title":{"rendered":"I Bought Nvidia &#8211; Because a &#8220;Biblical&#8221; Rally Is Coming"},"content":{"rendered":"<p>On September 25, JR issued <strong><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.t3live.com\/blog\/2024\/09\/25\/jr-romero-nvidia-200\/\">a $200 price target on Nvidia (NVDA)<\/a><\/span><\/strong>. And while the stock has stumbled since earnings, he is still bullish, expecting the stock to rally in &#8220;Biblical Fashion.&#8221;<\/p>\n<p><iframe title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/twvR8E2UfTA?si=hP1JoK7XBskrQbqu\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>According to JR, every technical indicator is lining up in bullish fashion.<\/p>\n<p>So he expects the stock to resolve much higher &#8212; and fast&#8230; precisely when everyone seems to have turned cautious on the stock.<\/p>\n<p>That's why he said $132 was the time to buy.<\/p>\n<p>Of course, only time will tell if Nvidia hits his $200 target price.<\/p>\n<p>By the way, did you know that Nvidia is now the second best performing stock in the <strong>QQQ<\/strong> ETF this year? It's far behind <strong>Applovin<\/strong> (APP).<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone  wp-image-76503\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-27-at-3.36.58-PM.png\" alt=\"\" width=\"506\" height=\"691\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-27-at-3.36.58-PM.png 629w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-27-at-3.36.58-PM-220x300.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-27-at-3.36.58-PM-110x150.png 110w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-27-at-3.36.58-PM-59x80.png 59w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-27-at-3.36.58-PM-161x220.png 161w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-27-at-3.36.58-PM-73x100.png 73w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-27-at-3.36.58-PM-174x238.png 174w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-27-at-3.36.58-PM-304x415.png 304w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-27-at-3.36.58-PM-357x487.png 357w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/11\/Screenshot-2024-11-27-at-3.36.58-PM-436x595.png 436w\" sizes=\"(max-width: 506px) 100vw, 506px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On September 25, JR issued a $200 price target on Nvidia (NVDA). And while the stock has stumbled since earnings, he is still bullish, expecting the stock to rally in &#8220;Biblical Fashion.&#8221; According to JR, every technical indicator is lining up in bullish fashion. So he expects the stock to resolve much higher &#8212; and fast&#8230; precisely when everyone seems to have turned cautious on the stock. That&#8217;s why he said $132 was the time to buy. Of course, only time will tell if Nvidia hits his $200 target price. By the way, did you know that Nvidia is now the second best performing stock in the QQQ ETF this year? It&#8217;s far behind Applovin (APP).<\/p>\n","protected":false},"author":55,"featured_media":66320,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[749],"tags":[],"class_list":["post-76479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jr-romero"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=76479"}],"version-history":[{"count":5,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76479\/revisions"}],"predecessor-version":[{"id":76504,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76479\/revisions\/76504"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/66320"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=76479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=76479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=76479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}