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GTC 2024: Will NVIDIA hit the $1,000 mark?
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$NVIDIA (NVDA.US)$ - If today can hit my previous bought pri...

$NVIDIA (NVDA.US)$ - If today can hit my previous bought price and no losses will empty this stock for sure. Coz I forsee AI bubble going to burst soon. It happened 10 yrs ago US stock market crash. Gd luck to everyone here be it short or long. Just my POV.
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  • newbiehere : What’s your cost price? Mine is 911.7 contemplating to cut lost..

  • 102125877OP newbiehere: Same but wait till market closed.

  • 10baggerbamm : I suspect you were not around in 1998-99 when the coms crashed see Nvidia is moving average if it returns to that it's $500 for all of these talking heads that says the AI bubbles going to crash and video prior to a few months ago used to trade along it's moving average line to the upper Bollinger band and only recently has it gone 45° straight up above the upper Bollinger band so seeing a consolidate and come back down is not a bubble bursting a bubble bursting would be if it were to breach it's lower Bollinger band by about 50%. 312 is the lower moving average the lower Bollinger band on a weekly basis and when the dot-coms crashed and popped they went down by 50% lower so you would be talking $156 or slightly less for a bubble popping if you want to have a correlation that's similar to the com crash..

  • 102125877OP 10baggerbamm: Yes you are right. I only started trading 10 yrs ago. Let's see will AI bubble burst this time.

  • Alexandria 10baggerbamm: What do you see happening with Nvidia?

  • 10baggerbamm Alexandria: number one the markets are never rational when you think you understand it you don't understand it that's the first rule the second is stocks can be overbought for extended periods and they can sell down below moving averages for no particular reason and change a fundamentals. where can Nvidia go use what everybody else is sees because everybody likes saying we're in a bubble and you have a herd mentality that exists on the buy side and on the sell side.. 8.16 is support. why turn your phone your tablet sideways pull up daily chart put Bollinger bands in it with standardized deviations it defaults and you'll see an upper limit a lower support in the middle band the middle moving average is 8/16 NVIDIA used to bounce down to 816 and trade off of it it did it earlier this year (Feb 21) and nobody was screaming we're in a bubble the uptrend was perfectly intact so if it did it before it'll probably do it again of course when it hits 816 everybody will be screaming the sky is falling the sky is falling.

  • 小金牛 : Come on, I hope everyone passes the level smoothly! Kampateh

  • Alexandria 10baggerbamm: Thank you for your knowledge. I don’t want to sell Nvidia. It was my first ever stock 7 months ago. Silly, I know, Nvidia has become sentimental now. I sold four shares at her peak as I needed the money. That money meant so much to me coming from my first ever stock. It was spent thoughtfully 😊 I believe she will keep rising and rising and although a little fearful as to how people talk here I won’t ever sell in the near future unless I need more funds from that actual source. I have bought more also along the way at a much higher price and deciding maybe one more tonight. I have the money from another stock that I sold last night that I was to withdraw. I’ll decide soon 😊 thank you again Bamm 🌸

  • Alexandria 10baggerbamm: I screenshot your words to read again and again.

  • 102125877OP Alexandria: Exactly those who cause panic selling are shorties.

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