SOXNVDAAMDSPYQQQ Chips have a very bearish setup as we near the market reversal. Looks like an inverted cup & handle to me. 50% should be the maximum retracement but it could go a little bit higher to test the 200MA. tradingview.com/x/vTW2QvAl
NVDASPYQQQ From an investor/fundamentals perspective, is NVDA the best stock out there at it's current price all things considered?
This was TSLA for me last year, and it worked out well. Decided to stay away from TSLA for a little while. This year NVDA has been my target to DCA into.
Are there any other big cap companies you guys would prefer if only one could be chosen to DCA into?
NVDA I feel we might go down next week, due to Fed keeping the interest rate, and will probably (again) show hawkish state on interest rates. I do agree with Trump that Powell is a piece of s***, under Biden he lowered interest rates, but won’t do it under Trump.
NVDA 14th of March I said: this needs to fall with overall market No permanent bear here. Realist guy. Excellent company. But not the best price! (-28% since that day till lowest point)