Will look for an undercut and rally position at around the $123.90 level.
Looks like Sgbutt's shorts aren't working too well way down at $100!
Nvidia has many fans ....just 2 weeks ago it fell from 128 to 90+ before it swung back up.
No doubt Nvidia jnvestor fan base will come in to try to push it up again.
This is no showbusiness. No such thing as fan base.
These are real deals by big fund managers, Nvidia not a meme stock controlled by WallStreetBets.
(29-08-2024, 06:03 PM)sgbuffett Wrote: [ -> ]Nvidia has many fans ....just 2 weeks ago it fell from 128 to 90+ before it swung back up.
No doubt Nvidia jnvestor fan base will come in to try to push it up again.
Nothing to do with fans. It's big funds buying it when it pulls back forming higher lows. This is not a meme stock. Smart traders follow where the money goes over time unless you are a day trader.
(30-08-2024, 11:16 AM)Niubee Wrote: [ -> ]Will go to $100.
Will be a great reversal buy point for contrarian traders like me
the psychological 100 number.
5 years chart
Accumulated by the big player and suddenly dumped it. Not the first time. Controlled counter.
2021 Drops 500 points
2024 Drops 1,000 points
Better get out if possible.
https://www.aripaev.ee/
(30-08-2024, 06:34 PM)theold Wrote: [ -> ]5 years chart
Accumulated by the big player and suddenly dumped it. Not the first time. Controlled counter.
2021 Drops 500 points
2024 Drops 1,000 points
Better get out if possible.
https://www.aripaev.ee/
AI story yet to turn profit
PE @ around 60
(30-08-2024, 09:48 PM)watchfirst9 Wrote: [ -> ]AI story yet to turn profit
PE @ around 60
AI hype is diminishing, investors who want to see quick returns are disappointed