• 10baggerbamm : it bounced right off the moving average 75.63. there's about a quarter of the tech companies that are rolling over and this is nothing more in my opinion than short-term profit taking because the velocity of money going in has slowed so the people that bought the dip that Monday Tuesday caught a nice return and the money is moving into other chip companies other tech companies causing this to roll over to the mov avg. yeah you only get one you see the market lifting I mean you look at soxl Nvidia is pushing recent highs by several weeks at this point. it's really going to come down to on the 28th you need to make a decision with what you own. you either hedge that sector in a leveraged ETF to the downside. and this is specifically if you are in tech or chip. sell half of your position if you don't want to hedge which is a hedge in and of itself sell half of your long position, and this is for those that bought the Monday Tuesday Wednesday dip two weeks ago and have a nice percentage return the leverage ETF for NVIDIA is up over 100% right now. if you don't do either of the two you better be prepared for a 30% retracement in Nvidia if they announce a delay in Blackwell because I can 100% assure you a the stock is going to get its feathers clipped B they're going to have to revise lower for at least one quarter because the latest in the greatest of a new item it's not available for sale and not a single customer is going to want what they currently have when they have Capital expenditures set aside for Blackwell. so you need to put together a plan if you are short-term if your long-term and an Nvidia gets hammered, and it would retest the lows from two weeks ago Monday. you back the truck up and you buy Nvidia nvdu you buy The leverage DTF not the common stock. and you buy soxl. that's my opinion do your homework do not go into the 28th blind pretending everything's going to be all right

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• Money Thrill : TA ... KDJ LINES upwards movements (perhaps selling begin markets) first resistence 91. Never sure

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• Money Thrill : Downwards movement J line (was above 90, to high) and then always little down perhaps to 80 or  70 ... but whole picture upwards [D line still upwards] perhaps next week? Like i said,  little selling normal because algorithms are selling around 90 KDJ lines. It was even above 90 ?
  And the same picture with many others technology shares ... to high  lines above 90 for algorithms

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• Aaron Invests (AI) : Same holding the bag here. Not cussing but highly likely further downtrend. Everyone is looking at NVDA break but Nasdaq is just touching the 20MA as well on the weekly.

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• FrancisTan_陳政 : I believe that we are in a bull trend phase now, but it is best to wait patiently for the market to "show" us clear trend confirmation.

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• Money Thrill : Indeed,  difficult to say ... but i follow KDJ lines, very good,  I suppose selling begin markets, J- to high (hope not), D and K line upwards trend? and first resistence upwards at 91 . Boll, little up but green so volume is rising a little

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• 10baggerbamm OP Money Thrill : I'm shocked we're not getting any profit taking across the board it literally has turned into a reversal of the sell-off that started July 11th with tech stocks. or texts were being dumped every day from July 11th up until Black Monday now everybody's repositioning and buying back what they sold and there's many people and I'll put myself in this camp that are scratching your head going okay why don't we get some back and filling here get some profit taking and it hasn't happened yet. but it will I just don't know when so we went right through the 20-day moving average on virtually all chip stocks right now. on every tech ETF we're through the 20 day we've completely recovered losses from Black Monday and now you're getting back to levels in many stocks where you say well wait a second people were saying they were overvalued before and a variety of factors resulted in the selloff and now we're back up significantly look at meta and many others are similar they basically recovered their losses so at what point does the wall of worry begin again with the market and we get a bad economic print at some point and everything gets shaken out again and that's the X Factor and I think that's what has me very concerned is do you buy here looking for more good economic numbers next week or do you error on the side of caution. and say all right I'm just going to sit and wait it may go up 5% 10% more but I know there's a sell-off and even if I got to pay more for the sell-off at least I know the market's digested that round of profit taking

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• Money Thrill : Thanks for sharing your opinion
  I'm not so concerned. You know, i left European Market (Only Asml and NovoNORDISK in portfolio) for thé Future next years. Be sure.  Pull-backs are normal (on average 10 to 15% every year).
  Nothing sold, just bought at a very low price. ( Example CrowdStrike at 485 , lowest was 478 ) Portfolio now at plus 7%. No recession. Hopefully interest rates will drop. The only concern is Nvidia's earnings ???
  Shall be good but perhaps not good enough? Then i buy Nvidia again at lower prices. And don't forget the greatest economy in the World is the VS . TO much restrictions in Europe for A.I. . Have a nice Day and it is great to follow you

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• Money Thrill : NOT in TA,  only little down begin markets

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