Loves temporarily exceeded $70 on Friday. It is now $67 and seems to have reached its peak, as a director sold 0.33 million shares and there seems to be some profit-taking around $70. But there is no problem.
With this, it marks the 6th consecutive rise including a sharp increase. I think Nvidia's lifeline will easily surpass the securities analysts' estimate of $200. With semiconductor sales more than six times higher compared to last year, and additional orders connected to Nvidia's GB200 and Blackwell, it feels like the momentum will continue upwards regardless of sentiment or market conditions.
If the market declines in the last week of October, it will be the final buying opportunity before the year-end rally in general. The key is to buy when it declines and to add to your position just before the rise. Also, considering the possible return of former President Trump, I think it would be wise to convert dollars held in October into yen.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
tm_speedstyle371 OP : At the year-end rally, the NASDAQ100 is up +2500 points. It seems to be rising strongly with an additional 25 basis points x 2.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
J_M_RIN : Will it subside at 2500... my expectations are a little higher, but for now let's enjoy it![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![sparkles ✨](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/2728.png)