$NVIDIA (NVDA.US)$ bearish divergence. weekly chart spy. be ...
bearish divergence. weekly chart spy. be more cautious in this period. *not financial advice.* but I'm saving even more cash. vested but minimal.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Anthony 27 : Hoot9e or short9e? Or runaway?
pootpoot OP Anthony 27 : short term I think it's going to be bullish . but not too long off market peak. same behavior in 2021 to 2022. I can be entirely wrong. going to cut some chives today
pootpoot OP Anthony 27 : 2021 to 2022 drop. look. bearish divergence same
三枚筹码足以 : if you look at 2012 2016 2020 it's bearish october and started to be bullish after election
pootpoot OP 三枚筹码足以 : yes that is why I said short term bullish.
pootpoot OP 三枚筹码足以 : the time horizon I'm talking about is maybe a few more months down the road before an explosion downwards. I can be wrong.. another observation is that look at spy and nvda where are the big money going ? selling calls and buying puts
Michael Fong : Short-term is bullish only till Israel & US strike back at Iran probably after US election. The situation in Middle East is quite volatile and is a big geopolitical risk for all investors to bear.
pootpoot OP Michael Fong : well that can be one blackswan event that we might not anticipate. but what im focus on is statistics. the bullrun for 2021 to 2022 is around 220-230days. we are around almost 190days now. its terms of % gain, chart patterns for weekly seemed very similiar. again... i can be wrong. but for sure i wont be chasing the price..
Quah : you have a good point. In your opinion, what is it best to load right now?
pootpoot OP Quah : after the portstrike issue is over. (have to see the implication to inflation.) i should be having some positions in TMF/TLT.
probably will standby to buy the dips but will look closely to spy price action.
topping up puts for the next 3 months-4months time horizon
View more comments...