NVDA
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MicroStrategy
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Advanced Micro Devices
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Cerence
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$T-Rex 2X Long Nvidia Daily Target ETF (NVDX.US)$ I said thi...
$T-Rex 2X Long Nvidia Daily Target ETF (NVDX.US)$ I said this before so this applies to all in video whether it's a leverage ETF or common in this particular ETF $16.08 is resistance we have fallen every time we have touched or slightly gone above the 20-day moving average it has failed.
so if you are in this ETF and you have two positions of core position in a secondary trading you're going to want to sell half of your position fade it as it approaches $16.08 because there's a very good chance you'll be able to revisit it and buy it next week lower.
the caveat and this is a big star asterisk is January 6th Jensen is going to set the world on fire and you are going to have a rush to buy based off of what he says next week.
so if you want to roll the dice knowing that it has failed now for the past several months at the 20 day because of what Jensen's going to say next week that's on you
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ChangDaniel : Really can't go up anymore.
10baggerbamm OP ChangDaniel : you have technical resistance but you have Jensen speaking next week right now Nvidia is underweighted in institutional ownership because it has been call it what it is a dog for 6 months it's really done poorly and post earnings last quarter it's done nothing but drop.
so depending upon what Jensen says it could be sell the news or could be by the news if it really is astounding news that's going to add significantly to their market share and two earnings this year
102068599 Jacky : Really can't go up