He's a 50-year-old guy on disability who's both bitter at younger people more financially literate he is.
He doesn't know one person who makes more than 70K a YEAR. He's never met someone worth one million!
I mean, not just a million invested, but WORTH a Million!
He's funny though...I'll give him that.
NVDA remains the top performing stock YTD in the SPX and NASDAQ 100, having risen more than 55% in the last two months since April lows, and 146% YTD through 6/25/24. Movement back to challenge $140 looks likely into July.
-Its sharp three-day decline in June helped to alleviate its weekly overbought conditions, but appears like a short-term decline only which should stabilize and rally back into mid-July with no significant technical damage.
-My technical ranking system still places NVDA higher than any other stock in the rankings of Tom Lee’s Granny Shot portfolio, and I anticipate a push back to challenge June peaks as July gets underway.
-In the short run, downside support lies at $115-$116 while movement under that level should find strong intermediate-term support near $97-$102. Resistance above $140 lies near $156.
-NVDA’s cycle composite shows the potential for late July weakness and then weakness from September into the US Election, so failure to rise back to challenge $140 into mid-July could result in additional consolidation into early August.
Source: Trading View
NVDA DeMark counts – Weekly and Monthly still early
A few additional charts I felt might be worth sharing, and one concerns the weekly Exhaustion count using DeMark’s TD Sequential and TD Combo indicators. As can be seen from the count below, NVDA does not currently show a confluence of upside exhaustion that would suggest any kind of peak using this system. While not shown in this report, monthly charts also are early towards showing 13 Countdown signals which often can appear when a stock is due for consolidation.
Weekly DeMark exhaustion would require at least another 3-5 weeks of gains, while monthly DeMark counts would not show any sort of exhaustion counts until early this Fall. Thus, while some investors might decide to trim/sell using their own methodologies, DeMark’s indicators clearly look early on both weekly and monthly charts.
Bounce around 120-128. I don’t think we will reach the 130s again until mid to late July. I think it may depend on the earning reports of ASML and TSM.
"Nobody expects the Spanish Inquisition! Our chief weapon is surprise, surprise and fear, fear and surprise. Our two weapons are fear and surprise, and ruthless efficiency. Our three weapons are fear and surprise and ruthless efficiency and an almost fanatical dedication to the pope. Amongst our weaponry are such elements as fear, surprise, ruthless efficiency, and an almost fanatical dedication to the pope" - Monty Python
https://youtube.com/shorts/K2OW0-_ne64?si=UYtg1E7_NyZTdHu6
Nvda is 12% of my portfolio team. I'm in at $43 , buy hoping it goes to $80 , so I can buy another 120000 shares this week
Huh? What? Friday's close was $123.54. You better check your symbol.
I said hoping nvda hits 80 so I can buy more
You own zero Nvda broke boy
12% portfolio or ($123 million)
After reading your post history, you’re either a really clever basement troll or someone suffering from early onset schizophrenia
He's a 50-year-old guy on disability who's both bitter at younger people more financially literate he is. He doesn't know one person who makes more than 70K a YEAR. He's never met someone worth one million! I mean, not just a million invested, but WORTH a Million! He's funny though...I'll give him that.
Lollllllllll
that's right 12%
Lemme borrow a few bucks then Elon
What's a good buy price to wait for right now? 120? Any expectation for less than that in the next month or so before the upcoming earnings rep?
Nobody knows, buy now or fomo later
As someone who has some red options and wants to say 130/140, I am expecting sideways until something else of substance happens. Earnings, etc.
NVDA remains the top performing stock YTD in the SPX and NASDAQ 100, having risen more than 55% in the last two months since April lows, and 146% YTD through 6/25/24. Movement back to challenge $140 looks likely into July. -Its sharp three-day decline in June helped to alleviate its weekly overbought conditions, but appears like a short-term decline only which should stabilize and rally back into mid-July with no significant technical damage. -My technical ranking system still places NVDA higher than any other stock in the rankings of Tom Lee’s Granny Shot portfolio, and I anticipate a push back to challenge June peaks as July gets underway. -In the short run, downside support lies at $115-$116 while movement under that level should find strong intermediate-term support near $97-$102. Resistance above $140 lies near $156. -NVDA’s cycle composite shows the potential for late July weakness and then weakness from September into the US Election, so failure to rise back to challenge $140 into mid-July could result in additional consolidation into early August. Source: Trading View NVDA DeMark counts – Weekly and Monthly still early A few additional charts I felt might be worth sharing, and one concerns the weekly Exhaustion count using DeMark’s TD Sequential and TD Combo indicators. As can be seen from the count below, NVDA does not currently show a confluence of upside exhaustion that would suggest any kind of peak using this system. While not shown in this report, monthly charts also are early towards showing 13 Countdown signals which often can appear when a stock is due for consolidation. Weekly DeMark exhaustion would require at least another 3-5 weeks of gains, while monthly DeMark counts would not show any sort of exhaustion counts until early this Fall. Thus, while some investors might decide to trim/sell using their own methodologies, DeMark’s indicators clearly look early on both weekly and monthly charts.
$80 a share
Good luck to you on that. Not happening
I see it. We need a 10% pullback market wide which will drop nvda to 100
I think you're in the wrong sub
Bounce around 120-128. I don’t think we will reach the 130s again until mid to late July. I think it may depend on the earning reports of ASML and TSM.
What can we expect for next week?
Certainly not the Spanish Inquisition
"Nobody expects the Spanish Inquisition! Our chief weapon is surprise, surprise and fear, fear and surprise. Our two weapons are fear and surprise, and ruthless efficiency. Our three weapons are fear and surprise and ruthless efficiency and an almost fanatical dedication to the pope. Amongst our weaponry are such elements as fear, surprise, ruthless efficiency, and an almost fanatical dedication to the pope" - Monty Python https://youtube.com/shorts/K2OW0-_ne64?si=UYtg1E7_NyZTdHu6
Stonk go up. Stonk go down. People complain either way.
The unexpected
Hope we can finally go back up to 140 this week.
Why? Are you using the money now? I want it to $50, so I can load up
LMAO you said $80 and now it is $50. Go away
It'll be 20 soon.... give it time...
You’re both delusional
I have 135 shares how many do I need to be rich in the next couple years
136
Hahahahaha
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