Potential trend
if trends are still valid, $NVIDIA (NVDA.US)$ will likely test the 109 - 112 support before a move back up too mid 130s.
perhaps veteran traders can validate this but I'm seeing far more price manipulation than I have seen until 2-3 years ago. feels like trend and momentum cannot be fully trusted.
nfa, but still expecting this to hit 140-145 by November keeping in mind elections, rate cuts, geo political tensions can all drive more manipulation by large funds and players.
pullback along the way will give many opportunities to jump in. Keep an eye out for Blackwell supply and orders - the unicorn product that could define how this stock performs over the next few qtrs.
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An analyst building the trader mindset with deep understanding of day trading and value investing.
My comments are NFA
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101667813 : Even as a novice trader I can see the manipulation. Every time the price moves up in any decent amount there will be 3-5 minutes straight of heavy sell pressure.
RDK79 : Missed the last dip, so hoping this next ‘dip’ occurs so I can add.
R30R OP RDK79 : Dips will keep coming. As long as you buy below its intrinsic value, you will always be ok. Still a top stock to own. Definitely going up many X times in the next 4-5 years to come. The price you buy only determines how long you baghold until green.
IPELove R30R OP : hi what's the ditrinsic value ?
R30R OP : On my scale currently, top line is 122, and my ideal ‘buy’ is at 106. If I were looking to buy my very first tranche, I wont buy it unless it came down to 112 at least. But that’s just me.
NFA, but this stock is only headed up so it is fully justified if one is bullish and ok to buy at any price one is comfortable with.
R30R OP R30R OP : I loaded up at 106. Didn’t expect a drop to 103 after market. The charts look like they will print more for bearish positions
. If this breaks 102.5, then the next “buy” zone opens up (for anyone who buys tracking a stock’s intrinsic value).