What is a good entry price for nvda

**Nvidia's (NVDA) current price and recent performance provide a backdrop for considering entry prices. Here are key points to analyze:**

1. **Current Price and Recent Performance**:
- As of the latest data, Nvidia's closing price is $117.57.
- The stock has experienced a 4.3% decline over the past week, and a 8.76% increase over the past month.

2. **Moving Averages as Indicators**:
- The 5-day moving average is $130.6, the 10-day is $125.45, and the 20-day is $121.9.
- The 30-day moving average is $118.33, the 50-day is $117.79, and the 100-day is $118.83.

3. **Analyst Ratings and Price Targets**:
- The consensus price target from analysts is $151.88, with a high estimate of $200.00 and a low estimate of $90.00.
- This suggests that analysts believe the stock has room to grow from its current price.

4. **Market Sentiment and Potential Risks**:
- Despite positive analyst sentiment, there is concern about the stock's valuation and its heavy reliance on the data center segment.
- Technical indicators show a neutral to bullish outlook, with buy signals from various moving averages.
5. **Informed Decision**:
- Given the recent volatility and the potential for growth, a good entry price might be considered around the 20-day moving average of $121.9, which is close to the current price and offers a potential for upside as the stock moves towards the 50-day or 100-day moving averages.
- Alternatively, investors might look for a dip towards the 30-day moving average of $118.33 for a more significant entry point, considering the longer-term trend.

**In conclusion, a good entry price for Nvidia could be in the range of $118.33 to $121.9, depending on the investor's risk tolerance and investment horizon. Monitoring the stock's movement towards and around these moving averages might provide a strategic entry opportunity.**