/biz/ - Business & Finance

nvidia is going to $60
nvidia was on parabolic run. when parabola in a stock growth is violated, in 80% of times such stock corrects 80%, measured from ATH down to where parabolic advance started. This results in nvidia seeing 60$ again with very high probability

>>12220976
In a year from we may hit pic related area and hopefully reverse into some sort of 2 year uptrend again.
I think the buy and hold paradigm of yesteryears is dead and will stay dead for 5-10 years at least (until at kest mayority of moomers are dead). To benefit from stock market, you will need to learn position trading (watching daily-weekly charts, buying for for weeks/2-3 months max at a time, sell to take profit and RUN/l. rinse and repeat) do not do this before some sort of uptrend is confirmed again maybe a full year from now?
2019 is going to be a meatgrinder for knife-catchers

>>12200651
parabola in dow jones was violated. look for bottom under 17k