$NVIDIA (NVDA.US)$ this week has finally end.. i think there...
$NVIDIA (NVDA.US)$ this week has finally end.. i think there isnt a clear winner. its basically just bulls and bears trying to get each other . but clearly between 118 - 120 the sell off pressure is huge. as we can see from all the consecutive candles push high end low. but whats more concerning is.. would this form the double top for coming week?
coming week i would think that Micron might be the game changer.. bad report is going to reflect badly on the semi cons. Micron have already reduced their goal for this quarter. (which resulted huge tank and bad sell off -42%). so if they fail their coming report again. they will be the historical tank champion for semicon this year.
for those who are selling puts.. check out Micron. they are so pessimistic that they offer HUGE premium. HUUUUGGGEEEEE premium. i would think that there might be opportunity on 25th september post market. so keep a look out!
coming week i would think that Micron might be the game changer.. bad report is going to reflect badly on the semi cons. Micron have already reduced their goal for this quarter. (which resulted huge tank and bad sell off -42%). so if they fail their coming report again. they will be the historical tank champion for semicon this year.
for those who are selling puts.. check out Micron. they are so pessimistic that they offer HUGE premium. HUUUUGGGEEEEE premium. i would think that there might be opportunity on 25th september post market. so keep a look out!
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JonSnow : now you buy puts?
小小兔子 : Will it continue to fall next week?
Can I enter the position at 115?
pootpoot OP 小小兔子 : haha im not the best person to advice. but im very patient. if im opening a new position in nvda, i will wait for 106-107. for my first tranche
小小兔子 pootpoot OP : Can only wait for 106 silently, haha.
pootpoot OP 小小兔子 : i would wait for the upper neckline. but please.. this is just my opinion. market is unpredictable. so please exercise due diligence!
Too : Wall Street's worst September was all a scam, as it turns out.