No blind guesses
$NVIDIA (NVDA.US)$ is driven by what happens in the broad market. Pay attention to VIX and you’ll see what’s pulling on the stock in which direction. If the stock is news-neutral, the direction will be evident.
Now see the flow/volume on the Daily, 4hr, 1hr and 10/15min charts to anticipate bear/bull sentiment. Top that with any gap fills on the daily and weekly and you should get an 80% confident evaluation of the stock’s trend.
NFA, but understanding this is worth far more than just calling for the price to go to 80 or 140 and hoping it does.
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WOLFE (白狼) : Bravo
NuevaSis : exactly
pootpoot : agreed. no one can predict the market.
Maniac Fool : That 80/140 levels are the option players’ puts or calls play hahaha