$Advanced Micro Devices (AMD.US)$$NVIDIA (NVDA.US)$recently both semicon have shown signs of weakness. As I said in my video, bearish signs have been spotted. Should you be entering now to average down? I shared all that in my video linked below.
Do take time to watch the video and know what to expect this week and also your entry and exit points.
Investing 101
OPKiddTM
:
AMD I did state 130 is not a strong support. It broke 50EMA last night. Now below 50SMA. So wait for 119. If 119 doesn't hold. The 100 critical support should hold.
Investing 101
OPKiddTM
:
Nvda will cover gap to 270 tonight probably. It is already at 273 on pre market. Critical support is at 229. Which is below the 233 gap close. And the next support is at 214. But nvda might close above 271 tonight after closing gap at 270. Doesn't mean it is a strong support. Have to see next few days if it bounces and it is a strong bounce. If a week rebound off 270 then we will see it breaking 270 in the near future.
KiddTM : Believe it or not - I saw your video and analysis and I booked profit on NVDA and AMD
Will buy again on dip ..
It won’t dip too much though
Investing 101 OP KiddTM : Good job! My friend also booked profit 2 weeks ago before the dip. Still waiting to re enter
KiddTM Investing 101 OP : AMD re-entry point anywhere around 119-130
Wait till it break 131 support
KiddTM KiddTM : NVDA - entry point ? If it breaks 271 And comes down then where is the next critical support ?
Investing 101 OP KiddTM : AMD I did state 130 is not a strong support. It broke 50EMA last night. Now below 50SMA. So wait for 119. If 119 doesn't hold. The 100 critical support should hold.
Investing 101 OP KiddTM : Nvda will cover gap to 270 tonight probably. It is already at 273 on pre market. Critical support is at 229. Which is below the 233 gap close. And the next support is at 214. But nvda might close above 271 tonight after closing gap at 270. Doesn't mean it is a strong support. Have to see next few days if it bounces and it is a strong bounce. If a week rebound off 270 then we will see it breaking 270 in the near future.
Investing 101 OP : Weak rebound*