$NVIDIA (NVDA.US)$ my speculation is that we are 9 days away...
$NVIDIA (NVDA.US)$ my speculation is that we are 9 days away from FOMC.. which can be quite some time away.. I think might form a double bottom before going up.. but definitely midway.. it's kind of hard for me to imagine nvidia reaching close to 130 before fomc. but well market can be unpredictable sometimes. but I prefer to be conservative.
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Jue J : Can reach 128 ?
Lewis TEG : 112
Sg Lion : Are there any signs if it approaches 130? Can these signs be noticed?
user182731 Jue J : Think today max ard 108-109, 110 if lucky
pootpoot OP Jue J : if nvda reclaims 118 end of the week (50MA). sure high chance.
pootpoot OP Sg Lion : above 50MA is always a good sign of bullish territory.
Miko-san : even I'm not so confident at this point. the vibe just isn't there. we'll be lucky if it breaks 110 by the end of this week.
pootpoot OP Miko-san : precisely. unlike all the previous bullruns, clearly this have much more selling pressure. the risk of recession is causing alot of panic.
104456395 pootpoot OP : where n how to see 50MA?
pootpoot OP 104456395 : daily chart. 50 moving average. it's around 118 now.
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