Market super volatile (Quite unrealistic)
$NVIDIA (NVDA.US)$ We all want it to SKYROCKET to the moon, but with the strong resistance and it being at an all time high, no one actually dares to buy.
For it to push up, it requires a market correction. Will be expecting a drop in 2-3 days.
After which, hopefully it goes up.
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exuberant Rhino 87 : Nah! In my opinion, the big funds try to keep the price within 140 and 150 range for this week so they can collect the money for those who do strangle option for this week since their option will count worthless by the end of tomorrow. But next week might be interesting though!
LRYA OP exuberant Rhino 87 : Yep agreed. I'm looking at a correction at $144. Then it will go up. My prediction is a large move between UTC 1700, 22Nov till 25Nov UTC 1300.
LRYA OP exuberant Rhino 87 : But then it might drop to $141(support) instead
73372627 exuberant Rhino 87 : I agree with your statment.
If we analyse the volumes, the packages buy, then how I mention early the biggers try to buy as much it is posible from the bad analyses media panic very small investors. This circle go on and on from decades. Now they has also the manipulator tool of short selling and which it is hard to control.
Just look how many sells in thousents was trade today. Once this stabilyze, the end of the year will be 200 for NVDA. Simply analitic economic mathematic.