NVIDIA (NVDA) GETS ANOTHER DOWNGRADE

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UBS lowered Nvidia (NVDA) estimates citing GPU weakness and aggressive marketing by Intel (INTC).  
UBS has lowered Nvidia price target lowered to $20.

ZYX Change Method Quantitative Analysis screen still shows fair value of Nvidia to be $18. However, over 18, the stock is in weak hands.

We have no position at present in Nvidia. All six screes of the ZYX Change Method do not support at this point unless the stock breaks down or bounces.

We will issue an actionable signal  in ZYX BUY CHANGE ALERTS and  ZYX SHORT SELL CHANGE ALERTS, as appropriate, in real time when all six screens  are satisfied.

See also  HIGH BANDWIDTH MEMORY BENEFICIARY OF NVIDIA CHIPS BUT MICRON REVERSES, FEDEX HURTS SENTIMENT

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