TSM 180 level was rejected this morning which may activate a downside to 172 levels. play it safe. I am bullish on the stock. I just want to see a retest to the 180 again and break it. If and when its broken, we shall see a clearer indication of a reverse. consider buy Calls or shares once stock reaches 170-172.
NVDA We don’t rule out the possibility that there could still be a 40% drop to the true bottom. All of our leveraged short positions remain unsold. Other highly correlated stocks have also broken through all major support levels, which is not an optimistic sign. However, we must also be prepared for a rapid market rebound and be ready to stop losses at any time
SPYSPXTSMCNVDA It was unconfirmed until the meeting this afternoon on the exact implementation of the Tariffs on Canada, Mexico, China. While the dates and amounts were earlier suggested, the market believed there would be negotiations preventing their enactment, or lowering their rate. This was not the case. While the conference today was titled for TSMC, the markets reaction, and the real news that came out of that press conference, is not related to that.
TSM 180 level was rejected this morning which may activate a downside to 172 levels. play it safe. I am bullish on the stock. I just want to see a retest to the 180 again and break it. If and when its broken, we shall see a clearer indication of a reverse. consider buy Calls or shares once stock reaches 170-172.
NVDA We don’t rule out the possibility that there could still be a 40% drop to the true bottom. All of our leveraged short positions remain unsold. Other highly correlated stocks have also broken through all major support levels, which is not an optimistic sign. However, we must also be prepared for a rapid market rebound and be ready to stop losses at any time
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