Nvidia's September market trend analysis | Target price of 90 yuan
With the release of the financial report, Nvidia's trend also becomes clear. Previous speculations are gradually being validated. Therefore, based on the financial report market, we need to adjust our trading strategy.
First of all, let me state: making stock price predictions is only to facilitate us in taking necessary trading strategies to make money. When the prediction is correct, it is just luck and nothing superior. After predicting the direction correctly, we need to implement it in our trades. Making money in a downtrend market is our goal.
Here, I will first share a few random predictions to boost my confidence for the next step.
First of all, let me state: making stock price predictions is only to facilitate us in taking necessary trading strategies to make money. When the prediction is correct, it is just luck and nothing superior. After predicting the direction correctly, we need to implement it in our trades. Making money in a downtrend market is our goal.
Here, I will first share a few random predictions to boost my confidence for the next step.
Now let's get to the point, how will Nvidia's market in September develop? When and at what price is it suitable to bottom fish?
1. Review of Nvidia's financial report market:
Since the previous speculation has been confirmed, my confidence in the speculation has also increased. I would like to thank the analysis and judgment shared by the members in the group.
Since the stock split, Nvidia experienced a large-scale decline at the end of July and the beginning of August, probably dropping from 140 to the range of 90. At the beginning of August, I predicted that Nvidia would rebound to 115, and the stock price rebounded from 90 to 130, confirming this speculation. The price of 130 is higher than 115, which is a bit higher, but the rebound strategy has been proven correct, which strengthens my confidence. Now it is time to see how low the stock price can go during the financial report market.
2. Prediction of Nvidia's market in September:
Currently, with the financial report market underway, Nvidia's financial report is better than expected, but lower than the market's expectation, resulting in a 7% drop after the market closed.
Many people here may not understand why the financial report is good, but the stock price still drops so drastically. This involves the mode of operation and thinking of stock funds. Firstly, Nvidia dropped from a stock price of 140 to 90, which from a hindsight perspective is a stock split behavior, letting retail investors take over while the main funds sell off. Since the time for the stock split is the end of July, a considerable amount of time remains until the financial report on August 28. If the stock price is allowed to fall during this period, the main operating funds inside would have no room to sell off, thus no profit can be made. Moreover, with Nvidia's fundamentals in place, when the out-of-market funds that did not enter the range of the previous stock price of around 400-1200 caught this opportunity, they also entered the market without hesitation to take over, resulting in the rebound market from 90 to 130 during that time.
For the main funds of a stock to completely sell off, there must be a market to take over. In order to smoothly sell off, the stock price cannot plummet all at once. Therefore, leveraging bullish news to continuously raise the stock price to attract retail funds to enter the market and then sell off and distribute chips is a good opportunity. In this rebound market, the main funds are also withdrawing while selling off. When the financial report is released, it's time to compare speeds. After the financial report is released, we also see a 7-point decline.
Tonight's opening price is expected to be around 113, and it may drop to the 110 price level again. There is also a chance of a 3-5 point drop tomorrow on Friday, which means the closing price for this week may be around 105.
Entering September, there is news of an interest rate cut and an expectation of market correction, so the Nvidia's September market and the overall market will go through a process of bearish decline.
Perhaps Nvidia will rebound a bit in the 100-105 price range, after all, having fallen significantly for three days in a row, many out-of-market retail funds will expect a rebound. Our CM chip indicator will also show that all retail investors are entering the market.
When you see all the retail funds entering the market, at this point, it's basically a straightforward decision to go short or buy put options. Overall, according to our DKW and CM indicators, it will be quite easy to short Nvidia below 100, so for friends who are not used to or do not like shorting, consider buying on the dip below 100; for friends who like shorting, seize the downtrend market trend around the current price to around 90.
Ending with a quote from our group's leading brother: Never easily get on Nvidia and Tesla's cars. Those who say Nvidia reversing to pick up passengers will also be the targets of Nvidia reversing to kill people.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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