$NVIDIA (NVDA.US)$ for the bigger picture, GDP shows no weak...
$NVIDIA (NVDA.US)$ for the bigger picture, GDP shows no weakness so far, jobless claims are lower. now the final piece is whether PCE results are soft.
well but for nvidia.. nvidia its a cyclical stock, it typically takes about 1 month for each run up. so it does seemed its almost up. (well im still leaving a bit of leeway until a priceaction confirmation for a down trend.) nvda next earning is estimated around 13th to 19th of november. that does seem sufficient for 1 more run up before ER.
finally.. seems not too far off for another round of correction. getting ready for my puts soon
well but for nvidia.. nvidia its a cyclical stock, it typically takes about 1 month for each run up. so it does seemed its almost up. (well im still leaving a bit of leeway until a priceaction confirmation for a down trend.) nvda next earning is estimated around 13th to 19th of november. that does seem sufficient for 1 more run up before ER.
finally.. seems not too far off for another round of correction. getting ready for my puts soon
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
JohnnyWalkerBlue : Still waiting for my 105
Quandale Dingleberry : can u advise if i should just hold until 130 or sell now?
Ultratech : spy has a few more weeks in consecutive upward candles at least. potentially. nvidia should hit new ath before this if triggers pullback then.
pootpoot OP Quandale Dingleberry : for me, im only trading my NVDL position for every monthly run ups. my main position NVDA im holding it long term until blackwell revenue is out. before i sell it
105251507 Quandale Dingleberry : if u need advice u should not trade bro..u need to do your own study..dont rely on other..even pro trader make mistake
101824250 : In fact no ppl will know what is going to happen in the short term. Figure out the best risk to reward and take note of your position sizing to have a better chance of winning. Lose small when you are wrong and win big if you are correct.
If you have strong conviction that Nvda is going to grow 10x in the future then buy and hold and uninstall your trading apps.
101824250 : Buy and hold is more recommended for index etf investing (eg. VOO etc) btw. Individual stocks are always with unsystematic risk that cannot be predicted and could be detrimental to your portfolio performance. So diversification is still the key for long term buy and hold investor.
pootpoot OP 105251507 : indeed. everyone have their own strategy and comfort level. my strategy may not suit yours. honestly, no one knows if this run up would go 130 or 128 was the max .
Junius Falcon : It looks Greed for today, data project good growth in 1 even 2 years. People buy the future and correct as new data release. As for cyclical, I believe it means it is a growth stock during low interest rate environment. We cut interest rate, but people went ahead ...
pootpoot OP Junius Falcon : great insights
View more comments...