People's sentiment is returning.
After today's rise, the probability of nvda falling into double digits has plummeted. The daily chart is forming a W-shaped bottom. Once the W-bottom is completed and breaks through the neckline, it will inevitably reach a new high, it's just a matter of time. I hope it can take a bit longer, spend more time building the bottom, and not rush to break through in September. After breaking through the neckline, it's best to follow the textbook and have a pullback before rising again. The steadier the bottom formation, the better the rise.
I didn't add positions during the two rounds of bottom testing, but it doesn't matter. After reallocating, I currently only hold nvda, which is also my largest position.
The utility stocks I bought earlier have been performing well recently. I estimate that there will be a sell signal in one month, at most two months. At that time, I will switch to technology stocks and take a risk on the year-end market.
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本人散户，闲钱投资，名字为系统生成。这里记录投资感悟与趣事。所有言论都纯属娱乐，不是投资建议。此账号为本人唯一社媒平台。
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70217216 : Take it slow, no need to rush.
wangcaifan : Haha, I'm still waiting for it to drop to around 95.
高贵的阿德莱德 OP wangcaifan : When there are too many people waiting, it becomes impossible to reach.
Lili Cheng ortiz : What is the approximate selling price for public utilities? Still haven't seen nvidia reaching double digits...![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Seems a bit difficult. Always selling stocks for old yellow. What do you think?
高贵的阿德莱德 OP Lili Cheng ortiz : Importance: Technical analysis is more important than fundamental analysis, and fundamental analysis is more important than market news. The impact of market news can be largely ignored.
高贵的阿德莱德 OP Lili Cheng ortiz : As for XLU, it looks good today. I plan to switch some of my positions.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")