$NVIDIA (NVDA.US)$ you can see it's a cliffhanger that's the...
$NVIDIA (NVDA.US)$ you can see it's a cliffhanger that's the 20-day moving average and it's a big gap down to fill if it breaks it with any significant volume it did go through it today by about 50 cents or so but you can see where it potentially would head down to ..
100 to 102 bucks you've got a little bit of support it's been there before but that's still not the lower Bollinger band that's beneath it that's 96.
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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Master Corgi : Beside TA. Looking at macro itself. Why would it be selling off.
10baggerbamm OP Master Corgi : so what's going on I guarantee you got a few institutions that are unloading that's number one you've got momentum hedge funds that are selling okay number two whoever Jensen is selling his 14 million shares a day through they can short the stock because they've got 14 million shares a day they can cover at any point I'm not saying that's happening but it's very possible. then you have hedge funds that are shorting it today because it's been backing and filling 75 cents 50 cents every few minutes so you can have millions and millions of share short and they just sit on the bid and they cover they capture that spread it prevents it from upticking so the amount of buys today probably outpace the cells but they shorted the stock and then when the volume of the buy step away towards the end it goes in a free fall. I said it before I think 20 to 30% of the buyers are done with Nvidia right now they're going to say you know what fuck it I'll pay $130 as long as I know next quarter is going to be good what does that mean it's dead for 3 months it means if it falls to 100 bucks or 103 +-yeah you'll see a slew of buyers they'll run it up to 110 hundred and twelve and then they're going to sell again they're going to use it like a john to a whore, for a quick screw and go..
pootpoot Master Corgi : well instiutions cant be satisifed with 15dollars margin only. thats what i think
Master Corgi pootpoot : More like they are bringing it down to buyback cheap
pootpoot Master Corgi : yep.. so i was telling u earlier the day.. im more favorable towards a bigger dip for a better run later.
Master Corgi pootpoot : Nah I doubt it will be much. You’re trading full time?
pootpoot Master Corgi : well in any case.. i have loaded at 115. but i think that if it can go up 31% in a week. why wont it fall 20-25% in a week or 2![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
pootpoot Master Corgi : yep. 3 years already.
Master Corgi pootpoot : It’s rare to find female full time traders in sg if that’s your real pic
pootpoot Master Corgi : oh u sg too? i was in account receives. hate the job. well i do admit i lost in my first year. my 2nd year doubled and gotten a lot better later. so decided to do full time instead.
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