Navitas Semiconductor Stock Discussion

malvino : you sure

Tonyco OP : Also, I took profit from: $SolarBank (SUUN.US)$, $AXT Inc (AXTI.US)$, $Polestar Automotive (PSNY.US)$ and $ACM Research (ACMR.US)$
Opened $SoFi Technologies (SOFI.US)$
SOFI is probably my least enthusiastic buy so far. It's super undervalued but faces immense short pressure.

pootpoot : it's important to have good entry prices, technical analysis and always have stop losses. I have never lost with nvidia. because I stick with simple principle. buy low sell high

Southgate OP Kind girl Joie : I started at $1000+ pre-split and was impressed by the run up to $140+.
I reckon there will be a brief run from ER to rate cuts in mid September so I took up $GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ at $62.90 in August.
Initially things was rosy, then suddenly it headed downwards while others were all climbing. I got spooked out and closed it at $49.
Since then, being waiting to re-enter while holding on to my original Nvidia shares and $GraniteShares 2x Short NVDA Daily ETF (NVD.US)$ which I bought at $2.90.
I think I will just write off my 2x short ETF at the end of the year when Blackwell is roll out.

Southgate OP pootpoot : I have been actively checking against the pootpoot indicator this whole month
But I think I am done with Nvidia, there’s just too much variables, volatility and over heavy trading volume to follow.
Shall only re-assess if it drop to $95-$97.