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>>
>>59601137
They announced even more fake frames.
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>>59601137
Premarket pumps are the cheapest to execute due to lower volume, shows WS is running out of steam artificially buoying the price.
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>>59601137
This stock is manipulated as fuck. More so than usual lately. They’re planning something with TSM’s earnings coming out this week.
>>
The chart is looking bullish though
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>>59601137
>TSM’s earnings coming out this week.
Retail might interpret TSM's high earnings to be a sign that it's good for nvidia...but they don't realize TSM also makes for a bunch of other companies, including intel.
The thing to look for in TSM's reports will be orders placed vs. orders delivered. It will most likely show that there is a backlog of orders, and they won't be favoring nvidia over others if they want to keep doing business, so this will translate to shipment delays for nvidia and cancelled orders.
Maybe they'll get the stock to brush 137, but if the broader market is down at the time then no chance.
$70 is generous
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>>59601554
>The chart is looking bullish though
for how long back are you drawing your lines? it's in a clear downtrend since the last earnings miss, on the 30-week this looks like a clear top, and volume diminishing since end of last spring.
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>>59601588
Just looking for local highs to offload my 45 day calls. 1 day, 1 week, 1 month, and 3 month charts all look good.

I will buy and hold Nvidia when the tech bubble collapses
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>>59601666
>I will buy and hold Nvidia when the tech bubble collapses
sure but what's your buy target?
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>>59601706
$50
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>>59601579
>TSM also makes for a bunch of other companies, including intel
wrong, Incel is ASML territory
>>
feeling pretty good about my 4090 purchase thanks to the fake frames of the new cards. I'm currently using it to perform inference for the best up and coming AI crypto
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>>59602133
>wrong, Incel is ASML territory
It's a bit dated but
https://www.digitimes.com/news/a20240226VL201/weekly-news-roundup-intel-tsmc-partnership-3nm-processors.html#:~:text=Intel%20confirms%203nm%20chip%20orders%20placed%20with%20TSMC&text=The%20CEO%20remarked%20that%20Intel's,Arrow%20Lake%20and%20Lunar%20Lake.
>>59601836
>$50
Seems about right for a value buy. Got a time frame until it gets there?
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>>59602348
The recent growth in tech stocks due to AI and shit is just unsustainable. You can’t triple your stack every year without a correction. NVDA as one of the leading picks will probably get hit the hardest. Doubly so as ETFs are tech heavy. Lots of indicators that the bull market is over, so I’m saying sometime this year or the next.
Maybe I’m wrong, but we’ll see.
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>>59602813
>Lots of indicators that the bull market is over
Take a look at RE sector: it's an early indication shit is about to get rough. Everything in the market was pumped up during pre market, all have failed to surge after opening, but RE took a dump out the gate. Lots of finance all released earnings and it wasn't enough to justify their current valuations. Expect the market to digest what the CPI actually means over the next few days.
Might be a mini-rally on inauguration, or might be the first big dump. Either way, deflation is incoming, so things are going to be nasty by end of Q1.
NVDA's FYE is released end of February, we're expecting revenue to have dropped due to the cancellations of orders that are starting to come in.
5090 will not save them, is overpriced as we head into an economy and is not enough of an improvement over earlier gen.
NVDA is going down, and tech with it.
Grab your popcorn.
>>
>>59601137
CPI came in cool at 8:30



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