After gapped up after ER at Jun 2023, NVDA moved sideways for 7 months. It tradeded between $380 to $490 during the consolidation period.
It broke out in Jan 2024. Then moved straight up.
I think it might reach intermidate top today. We might see similar sideway movement for a few weeks or months to digest this monster gain.
If one stock moves up, then moves sideways, then moves up again, then move sideways... In general you will want to hold the stock tight (you can trade around core positions with small amount of money). Only patient investors get rewarded.
