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Sell NVIDIA at 120/130 so you can buy again very soon at 190 :) if you get lucky of course. High frequency algorithms doing very spectacular job on the stock market in the last few days :) Common people need to understand that ALL TECH Companies depend on NVIDIA's vast array of products and most importantly their DATA CENTERS and Robotic Brains. No other company can or will be able to compete with their products and importance for at least the next 10 years. In other words, everybody else is SLOW and POWER inefficient. Like it or not, these are the facts, and they are here to stay for a long, long time. Designing and executing reliable products of this magnitude is not something that others will be able to catch up in this decade and more.
Nvidia, one of the most profitable, cash rich companies in the 🌎 --- any dip is a God sent opportunity for those who missed the bus... Which is over half the world! 😂
Don't be surprised if NVDA opens at 131 - 132. Marketmakers can trap liquidity from millions in Puts over the weekend. It's called a bear trap. I've seen it so many times with Nvidia. Marketmakers have to make money too. Never hold Puts over the weekend with Nvidia. That's gambling. Most likely you will loose everything.
I wouldn’t be surprised by anything NVDA does. But for now the chart is showing weakness. It’s not impossible it can bounce around, then fall into the 116-118 range before making another run to an ATH. Fact is nobody knows.
The main trend line is broken. On Monday, we will see a like 2% upward move than by Tuesday all the way downward again, in my opinion. Mind your own risk.
I wouldn't be at all surprised to see NVDA below 120 sometime next week. I'm adding to my large position when the price gets below 100. Having fun and making money!😊
Hi Mary, I saw many indicators (RSI, MAs, Volume &, etc.) on the chart, how many indicators do you decide to buy or sell a stock? and how do the indicators work?
Go ahead and sell it but then go cry in your beer after their next earnings report when they blow out the numbers again. No, don't sell, just keep buying on the dips.
I'm very bullish but I sold so I don't follow it down to its 50 MA. Best case it stays flat for a few weeks or months and I'll get back in. Worst case it loses 20% and I don't want to lose and have to gain it back.