The race between $NVIDIA Corp(NVDA)$
I said it many times .. go with the flow > $400 > 500 > 600 > 700 > 800 > 900 > 1000 > u get the message
The people that sold at $500 .. comes back and buy at 600 .. comes back and buy at 700
The people that sold at $600 .. comes back and buy at 700 .. comes back and buy at 800
Why they keep coming back buying more and more NVDA ?? because they're making so much money from buying NVDA ... there's thousands and thousands of them out there buying NVDA at 800 at 900
The buying pressure is forcing the price to go higher and higher.
Have you noticed everytimes NVDA pulls back in price and the stock shoots back up again the next day ?
As the price goes higher and higher ,, short sellers have no choice but to cover ... and for people that's shorting with option puts or selling calls ........... they already got roasted
Some addicted shorts doesn't believe in losing and always believes the stock price will eventually come down ....... make another big bet to short NVDA
Once again the cycle begins again .. more and more people buying NVDA at the 900-950 range .. forcing the stock price to go up again .. now towards $1000
At this rate, the day when Nvidia's market value exceeds Apple's is not far away!
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