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NVIDIA's stock price plummeted
Major US semiconductor companies on 6/20 $NVIDIA (NVDA.US)$ IsHigh price $140.76I added it. However, sales became stronger from the next day, the 21st, and stock prices fell 14%. As a result, the total market value, which became number one in the world, temporarily fell below 3 trillion dollars.On 6/25 (US), the company's stock was bought back.
Now, in order to infer price movements after a big drop from a high price like this one,“Fibonacci Retracement”There is a method called. This is an important ratio calculated based on a theory called the “Fibonacci series” studied by a mathematician called Fibonacci. According to this theory, 23.6%, 38.2%, 61.8%, and 76.4% are important as ratios between recent high and low prices in stock and exchange rates. It is said that there is a high possibility that a reversal in stock prices and exchange rates will occur in the price range obtained by adding 50% to these ratios.
Stock prices stopped falling
Stocks that generally continue to rise at a remarkable speed may gain prominence even if there is no such reason. Well then, NBI...
Major US semiconductor companies on 6/20 $NVIDIA (NVDA.US)$ IsHigh price $140.76I added it. However, sales became stronger from the next day, the 21st, and stock prices fell 14%. As a result, the total market value, which became number one in the world, temporarily fell below 3 trillion dollars.On 6/25 (US), the company's stock was bought back.
Now, in order to infer price movements after a big drop from a high price like this one,“Fibonacci Retracement”There is a method called. This is an important ratio calculated based on a theory called the “Fibonacci series” studied by a mathematician called Fibonacci. According to this theory, 23.6%, 38.2%, 61.8%, and 76.4% are important as ratios between recent high and low prices in stock and exchange rates. It is said that there is a high possibility that a reversal in stock prices and exchange rates will occur in the price range obtained by adding 50% to these ratios.
Stock prices stopped falling
Stocks that generally continue to rise at a remarkable speed may gain prominence even if there is no such reason. Well then, NBI...
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It seems like the worst is over for $Meta Platforms (META.US)$.
Just a few quarters back, many were spelling the end of Meta with its lost crusade against other social media platforms like TikTok and its quest for the metaverse.
Though there are bright spots in the latest quarter results, there too are some points to take note of.
1. YoY revenue growth, but QoQ still lower
Although revenue grew YoY from Q1'22 to Q1'23, QoQ wise it is still a drop.
I k...
Just a few quarters back, many were spelling the end of Meta with its lost crusade against other social media platforms like TikTok and its quest for the metaverse.
Though there are bright spots in the latest quarter results, there too are some points to take note of.
1. YoY revenue growth, but QoQ still lower
Although revenue grew YoY from Q1'22 to Q1'23, QoQ wise it is still a drop.
I k...
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181525125 : I think so too!