SpyderCall
Nederhoed
:
Long-term and short-term downtrend don't look good. I would hate to fight the trend. But the semiconductor sector is very strong right now. So, any semi stock looks appealing. But this company is strongly correlated with tech for automobiles. If you believe that cars will be driving themselves in the future, then this is probably a good investment .
Nederhoed
:
I believe we will have self driving vehicles before flying. I know it is hard to go against the current, but looking at the other indicators, they are saying reversal. What tips this to favorable is the trend of Nvidia all the news out pushing this.
blazinghooves
SpyderCall
:
Good insight. Although there is a lot of uncertainty around self driving vehicles, I think that in the next couple of decades, there will be significant gains in technology to make it happen. Waymo already has robotaxi services throughout cities like Phoenix, Los Angeles, and San Francisco and is continuing to expand to places like Austin and Atlanta. Waymo and Uber expand partnership to bring autonomous ride-hailing to Austin and Atlanta. It's definitely a long hold, but I think it's worth it.
Nederhoed : For a day, yes! The bigger picture says way undervalued and is just now hitting a buy signal
Desaroe OP : You could be right, but we won't know till Monday
Nederhoed Desaroe OP : just posted my findings above in the comments
SpyderCall Nederhoed : Long-term and short-term downtrend don't look good. I would hate to fight the trend. But the semiconductor sector is very strong right now. So, any semi stock looks appealing. But this company is strongly correlated with tech for automobiles. If you believe that cars will be driving themselves in the future, then this is probably a good investment .
Nederhoed : I believe we will have self driving vehicles before flying. I know it is hard to go against the current, but looking at the other indicators, they are saying reversal. What tips this to favorable is the trend of Nvidia all the news out pushing this.
blazinghooves SpyderCall : Good insight. Although there is a lot of uncertainty around self driving vehicles, I think that in the next couple of decades, there will be significant gains in technology to make it happen. Waymo already has robotaxi services throughout cities like Phoenix, Los Angeles, and San Francisco and is continuing to expand to places like Austin and Atlanta. Waymo and Uber expand partnership to bring autonomous ride-hailing to Austin and Atlanta. It's definitely a long hold, but I think it's worth it.