With the release of the financial report, Nvidia's trend also becomes clear. Previous speculations are gradually being validated. Therefore, based on the financial report market, we need to adjust our trading strategy.
First of all, let me state: making stock price predictions is only to facilitate us in taking necessary trading strategies to make money. When the prediction is correct, it is just luck and nothing superior. After predicting the direction correctly, we need to implement it in our trades. Making money in a downtrend market is our goal.
Here, I will first share a few random predictions to boost my confidence for the next step.
Now let's get to the point, how will Nvidia's market in September develop? When and at what price is it suitable to bottom fish?
1. Review of Nvidia's financial report market:
Since the previous speculation has been confirmed, my confidence in the speculation has also increased. I would like to thank the analysis and judgment shared by the members in the group.
Since the stock split, Nvidia experienced a large-scale decline at the end of July and the beginning of August, probably dropping from 140 to the range of 90. At the beginning of August, I predicted that Nvidia would rebound to 115, and the stock price rebounded from 90 to 130, confirming this speculation. The price of 130 is higher than 115, which is a bit higher, but the rebound strategy has been proven correct, which strengthens my confidence. Now it is time to see how low the stock price can go during the financial report market.
2. Prediction of Nvidia's market in September:
Currently, with the financial report released, Nvidia's financial report is better than expected, but lower than the market's expectation for Nvidia. So...