orangejus
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$NVIDIA (NVDA.US)$ if this breaks through 127 cleanly, we have a long way to fall. if you didnt get out at 134 yesterday, hard times man…
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orangejus
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$NVIDIA (NVDA.US)$ we are nowhere near reversal yet we have to close convincingly through 137, that's the 20 day m/a.
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$NVIDIA (NVDA.US)$ I know this looks like a rebound, but please ‘bear’ in mind that fed rate cut slowdown and possible BOJ rate hike makes the situation quite risky. Overnight gap downs are the absolute worst.
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orangejus
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$E-mini S&P 500 Futures(MAR5) (ESmain.US)$ $SPDR S&P 500 ETF (SPY.US)$ Check the futures. We are barreling towards the main resistance line that has led to every previous, major market correction in the past 2 years.
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orangejus
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$NVIDIA (NVDA.US)$ Markets in a risk on mood due to likely fed rate cut and BOJ rate hike postponement, but anything can happen in next few days. Be safe out there!
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$NVIDIA (NVDA.US)$ Feels like tonight will be FOMO night with rug pull next week. TP 149, possibility of 152, but exiting before weekend.
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$Super Micro Computer (SMCI.US)$ Ownself check ownself, look for an opportunity to ahort this bugger.
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orangejus OP 来这里看人炫富 : Actually this is true, depends on your trading style. Those who do DCA don’t need to worry, just opportunity cost.
orangejus OP : Partially true, but not the only factor… the increased volatility from various factors (BoJ rate hike, slowing Fed cuts, triple witching) all contribute. But BOJ and Fed policy are the largest catalysts.
orangejus OP Ultratech : Unfortunately fundamental analysis also shows that stock price is outpacing delivered value. Nvidia has risen more than 20x over the past 5 years, I think the ‘extraordinary capital gains’ have already been realised. Now it’s just trading on sentiment and hype.
orangejus OP : Their PE is about 30, which is reasonable, but may follow market down on risk-off sentiment…
orangejus OP TrueLove : Did you see a clean break below 127, can’t you read?