TRADER456
01-08
$NVIDIA(NVDA)$  Just sharing my two cents to new traders who have yet to buy the dip, just wait patiently. Market is still in the midst of a correction. Looking at the big ass red candle on the daily and the small percentage rebound on post market, shows lack of investors confidence to push it back to ath. Wait for the stock to stablize at strong support levels first which i predict further downside momentum. Don't get baited by news and people constanly screaming to buy it at all cost right now.

Stay safe yall.

White House Invitation: What Will Nvidia Ramp Up Investing in US Mean?
Around his first 100 days in office, Trump is planning to host an event at the White House to promote investment in America, with senior executives from companies such as Nvidia set to participate. ------------- Can Nvidia manage to solve the problem and safeguard its status in the semi industry? How much will Huawei's new chip affect Nvidia? Will Nvidia ramp up US investment? How will this mean to the stock?
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Comments

  • Eva_nana
    01-08
    Eva_nana
    Really? I was hoping for a rebound?
    • RinseRepeatReplyTRADER456
      Good speech! This is exactly what happened to me :( could have went away with all the profits but I chose to hold, now it’s back to red 🤣
    • TRADER456
      Its always a safer bet to pause and see the stock stablizing at a support level, hoping for a rebound instantly after that huge negative price action may catch you u in a falling knife. Better to react to the market then believing its gonna be a quick rebound. [Great]
  • TRADER456
    01-09
    TRADER456
    $NVIDIA(NVDA)$  This is why you should react and wait for the stock to stablize instead of buying the dip quick hoping for a instant rebound. Another negative price action day = you patiently wait again to react to the market. Market makers will always find ways to manipulate.


    • Vincent KokReplyVincent Kok
      Thanks! It seems to be 135 around now
    • TRADER456ReplyVincent Kok
      IMO, my TA shows me there is further downside to nvda to potentially test 135 strong support level.


      For me personally, i want to see how price reacts off 135. If price does not hold, I’m looking to start accumulating at 133 level for my first entry, followed by 128 for my second entry.
    • Vincent Kok
      Is it the dip now or it will go lower?
  • Captain Ashford
    01-14
    Captain Ashford

    Some sound advice here. Wait for a bottom before beginning to buy. 

  • Rollinrock
    01-08
    Rollinrock
    $130?
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