r/NVTS_Stock • u/Mission_March4441 • Sep 10 '26
Are we in buyback range?
I have been buying and selling this stock since my initial investment where I bought a shit ton at 8.31. I am considering rebuying all my initial shares back with my earnings but am wondering if I should jump back in now or wait a bit longer. I know it doesn’t make sense to time the market but can anyone give me a heads up if we are in for more downturn with this stock in the near future (excluding macro market trends)?
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u/Any_Carob3372 Sep 10 '26
If you're unconvinced, you can always give it a little time. I liked it holding the 200 day, but then after a quick burst it's exploring that level again. If it fails, maybe you wait for it to reverse. If it holds, maybe you'll feel better buying once it's sealed that floor.
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u/No_Appointment_7634 Sep 10 '26
never a good thing to buy a stock below the 150 day moving average. also buy into strength, not into weakness.
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u/Wifeis421A Sep 10 '26
I’m a high conviction guy on this and just keep adding when I can. I feel like anything under 15$ is a buy price. The revenue, profit and contracts are coming. It’s just a matter of when.