$NVIDIA (NVDA.US)$ if 115 is maintained, 117.7 50MA (118) is...
$NVIDIA (NVDA.US)$ if 115 is maintained, 117.7 50MA (118) is next resistance point.
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103775419 : wow today is CRAZY!
The real Honey bee : I thought u were sleep?
Alex1707 : Hey pootpoot. Do you think we'll get a buy point under 110$ and then rally up to new highs?
pootpoot OP Alex1707 : If it goes back below 110. structure goes back to bearish. watch 112, 115. but thesedays nvida can be crazy.. last bullrun almost didn't have any pullbacks.
Alex1707 : I missed recent dip. Just wanna know your opinion if i should buy now or wait for dip
pootpoot OP Alex1707 : haha I don't dare not predict anymoreeee. SPY is currently parked nicely at resistance level. if it goes back to 550(nvidia shd be around 112 to 113) and goes up, probably going higher.
or it could just take off right away. I always believe in buying on red days. but the last bullrun proved me wrong.
my opinion.. just buy in tranches. but have SPY under your watchlist. watch key levels closely.. got tricked so badly yesterday..
Alex1707 pootpoot OP : okay . Sounds more complicated than my mathematics tbh .
pootpoot OP Alex1707 : is just technicals. wallstreet pulled one of the biggest bear trap ever yesterday. SPY was in the verge of a flush down breakng 540. (experienced traders should know 540 below is going to be a flush down). and wall street pulled exactly 539.96 before rebounding . all I could say is well played
Alex1707 : I have no knowledge about trading and I can't understand half of what ur saying. So just tell me should i buy now or wait for dip . Ik no one knows how market goes . keeping that in mind i reached you to know from your pov
pootpoot OP Alex1707 : I would like to think September is still a bearish month historically. I would wait for a red day to go in if I wanted to. that is me. watch 115, 112
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