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NVIDIA Shares Surge Over 80%, Analysts Caution Against 'Overbought' Condition
1 week ago /
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Author：小编
NVIDIA's 14-day Relative Strength Index (RSI) has recently surpassed the 80 mark, achieving a new peak since June 2024. This significant rise suggests that the company's share price may be overbought. Fueled by the relaxation of Trump-era trade policies and the promising future of AI, NVIDIA's share price has skyrocketed by 83% in less than four months. Nonetheless, analysts are sounding the alarm, noting that market sentiment is approaching a fever pitch, which could lead to a correction. Investors are urged to exercise caution in light of this potential risk.
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