13 replies to this topic

[skott]

https://finance.yaho...-123723542.html

 

 

[skott]

Contemplating shorting nvda. Its the reason semis are up and the Biden bill. Could be biden and friends are pushing this funcing so they can sell into it

[skott]

well I tried at 234.99  couldn't get my order in fast enough

[skott]

may move it down a bit

[skott]

Oh it's now seen as the "artificial intelligence" (they mean fake) chip leader. The PE is only 99, LOL

 

wow, within 10 cents of my lowered order and turned down again.

[skott]

ok moved it down again to 234.16. I am going to try to stick to my word this time and keep this a day trade. for today I think this stock moves with the market, so strictly a gamble but to me it's stupid to buy a stock like this. This is also another lower high

[skott]

if the market is weak, I think this stock could very easily drop to 318 today. that's about halfway down to the gap on this ridiculous move higher but maybe there are enough fools to keep buying it. But what do the daytrader meme chaser do if there gapped up stock starts dropping? first they panic and sell and Heck they probably go short

[skott]

RSI, for what it's worth has been making lowers highs for a month. I don't follow such things much except to know what others might be trading off of but the MACD is also on a daily sell

[skott]

it's moving with QQQ for sure but if, if today QQQ goes lower there might be a bigger bang for the buck with this gapped up stock.

[skott]

QQQ has gone positive for the day and as I said NVDA went with it, no genius required there..  I'll see what happens after 1pm CST