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Still Chopping, Good Dip Buy?

 

The overall market chopped in place this week, but finally made a really nice reversion to the mean, met with a strong dip buy opportunity. Some big names like NVDA and GOOGL are also nearing dip buy levels.

Patience is king but this could be a very good opportunity for some dip buys into next week. The Nonfarm Payroll (NFP) job report in the morning is a big catalyst to keep an eye on. NVDA also has a stock split vote coming up, so something else to keep in mind.

Stay Focused!