While Tesla decided to take a 10 days winning streak, Nvidia decided to take a 10 days losing streak?
It's been 5 days of red already. The only silver lining I can see is that is holding support within the 109 to 115 range. Let's keep the price that way,if it holds true then there would be a nice rebound. This is due to KDJ indicator indicate a possible end of a downtrend.
Be fearful when others are greedy and be greedy when others are fearful.
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lostmypizza : Guess who bought more at 105?
rezki_kwn2 : trump dont like tech stoc...
Aaron Invests (AI) OP rezki_kwn2 : Yes in the short term. However Nvidia is not tied too much to US. It is a global company. They would move about and make decision to move the industry. If Trump is in power, there is a likelihood that semiconductors will move away from China and into places like South East Asia.
Aaron Invests (AI) OP lostmypizza : Probably institution? There is a large sum of shares floating in the market.