Silicon is the New Oil

@manch

Time for your magic. Wish :pray: the pattern as (i)(ii)(iii)… of an impulse, target of (iii) min $610.
Use the right god, don’t mess it and become (a)(b)(c) zigzag :face_with_symbols_over_mouth:

@Jil

Need you to tell Paul to tweet is a 1-2 pattern.

I know you are holding, but my unfortunate prediction is going down after results today…unless they are extremely good and make a big surprise on future earnings and buybacks!

Nothing to panic, it recovers positive later after hitting a possible bottom !!

BTW: Posted for discussion purpose, not a stock or investment advice !

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So far so good.

Screen Shot 2021-02-24 at 3.23.22 PM

Screen Shot 2021-02-24 at 3.24.26 PM

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Hmmm, what happened?

You cursed it.

JC said buy. Ditto for TSLA and LRCX.

Jimbo said it’s a classic move. What does he mean? Manipulations?

I think he said you should buy GME, AMC, SNDL and BB. Near bankruptcy companies are better.

Anyhoo, quite usual for blue chips to sell off regardless of result. Just traders taking profit. The real move is few days later when institutions digested the result.

JC said buy => Now you understand you should go opposite ! Cathie’s trades, kind of sound judgement, are way better than JC’s drunken monk TV talk!

I also told TSLA is good buy when it hit below $630 range (which is actually from your Elliot Wave Theory mid point !)

See also Cathie’s Pick TDOC down after results…! I will buy TDOC some time later.

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So sell TSLA?

If he has said buy TSLA, then correct ! What if JC curse works and TSLA dips again?

He says buy TSLA :slight_smile: He listed 12 stocks to buy…
NVDA
TSLA
GOOG
NFLX
ALGN
HUBS
NOW

Buy all these stocks based on his recommendation. Buy one TQQQ at the same time.
Check your returns with TQQQ after 30/60/90/180/360 days.

Most likely everything will fail except one Stock TSLA !

After some intensive fib numbers analysis, AH might have completed wave (2).(c ), and you guess it right, is a RUNNING FLAT… so common nowadays. If my interpretation is correct, wave (3) has already begun… target of wave i.(3) is ~$644 and wavei.(5) is ~$680… so I will try to buy 50 shares during PM 2mrw. When hit targets? Haven’t learn how to do yet.

Above info is provided for entertainment purpose, and is not a financial advice to buy, sell or trade NVDA.

See relevant chart below (many lines, can figure out the picture? ),

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NVDA has been correcting through time since September last year. Has done nothing for the last 6 months. Same with AMD.

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Manch answered correctly !!!

When ARM takeover settles in NVDA favor, stock May jump wild.

To go upward, the company needs both revenue and profit must grow exponentially over time !

See how AAPL revenue/profit 3 years before and now; also how many times they used to buyback shares from cash reserves. It should behave like this.

TSLA May jump crazily, but if they are not growing exponentially to market will show its real face one day.

This is for all companies, long term fundamentals work!

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Huh? Refer to my chart… wave 4 (a complex combo pattern) has already completed since end Jan. Btw, chart below is not for those who suffer from chart-blindness. For those who doesn’t know EWT, in an impulse, there is always a sharp corrective wave (usually is a wave two) and a sideways corrective wave (usually is wave four)… not sure why someone is talking something that almost everybody know for and another one agree… ignorance is bliss? Refer to the chart below, see the wave 2 and wave 4?

Doing this bottom up analysis is much better than yelling bubble based on some macro speculations. Can you go do one on AMD as well?

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I don’t own AMD, thousand apologies.

Is there a bubble? Stop being so edgy. Get out of the market if you can’t sleep well. Bull or bear market, you should be able to make money, so bubble or not, doesn’t matter.

Ignorance is really bliss. Refer to the chart on GME and AMC.

@manch,

Bottom means? Ofc, share jumps up from bottom, regardless of making money or not in the long term. So long there is demand, UP it goes. Got study Econ 101?

@Jil and @manch

Both of you need to attend a course on Econ 101, pay attention to the concept of supply and demand. Demand for shares is not just from one source (increasing revenue and profit), can be from other sources.

@manch and @Jil

No hard feelings. I am merely having fun at the expense of you two. You two need to learn the art of debating :slight_smile: :rofl:

I do not know about GME, but expected AMC to go up and bought 5000 shares and failed to make money with traders mentality !

AMC is not Ignorance

For AMC, this was corrected by $20 pre-Covid to $2 as the shut all the doors. No revenue, no profit and about to file bankruptcy. I bought 5000 shares at $2.11 average.

Now, Covid is going away and they are opening stores (previously escaped from bankruptcy as they got more funding). There is a green light for revenue and profit and AMC started jumping now.

There is a clear fundamental drive behind the scene for AMC now and also short squeeze is being removed as company will soon get revenue and profit

No more update on company fundamental topic as I am wasting my time here.