The upshot: Investors shouldn’t assume that the guidance cuts being delivered by major chip developers are solely due to demand issues. If macro conditions hold up better than feared, chip buyers that are currently being conservative with their ordering activity could start behaving differently.
Might be a good idea to nibble semi here for a bet on “not as bad as expected” macro conditions.
No, was the original F10 number For good omen, should use 8 shares for every 8% drop
You can start now and see where NVDA bottoms
$132
$122
$112
$103
$95
Should bottom already right?
Average price is $112.80 So may be buy 18 shares @$103 and @$95.
If feel is bottom, buy 40 more shares for a round lot of 100 average price $103! Perfect, Sure to survive 103.
me or you? I suppose to have sold around $220, got distracted and forgotten. Now have to bite the bullet and average down.
Actually the most purchases was long before the decline which supposed to have sold at $220. Only recent 12 is new. The last 6 is green, bought at $137.