Bot@$562.30
I see I need to give two guys a lunch treat when I am in Bay Area.
Sorry to say, you bought too early, with RSI 51.44, long way to go further…may be you need to DCA !
To me, you look obsessed with NVDA…
Now, you see MRNA and BNTX how they are…and not stoppable one qtr…Fundamentals play a lot in real growth…
This is already the 2nd DCA 
My intention is to invest in only one buy n hold stock in the semi portfolio so I don’t need to look at it for years. Now, have to look at many accounts, troublesome. I wanted to free time to do something else, so try to have only one trading account. Rest is buy n hold… mean don’t look at it… may be occasionally.
Still look like an 1-2 pattern. According to your favorite Elliottician, Paul, should assume is 1-2 pattern (rather than zigzag) till it doesn’t work. Hope Paul’s approach is workable.
It got crushed from $218.45 to now trading at $155 :), 29% below ATH. NVDA, ATH was 614.90, so 10% below ATH. So you want to curse NVDA to 29% below ATH? to $437?
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You still do not understand the fundamentals, just going by market pricing.
Since market is going down everything going down.
When market picks up you see difference on mRNA and BNTX , they jump like TSLA !
Exactly. Fundamentals don’t matter. It only matters when it matters. Mood of the people matters a lot. For the same fundamentals, sometimes Mr Market is euphoria, sometimes he is moody, and he priced the same thing differently depending on his mood.
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Please don’t lecture me on fundamentals 
. I covered both eyes and typed buy 50 
shares at market price. Now owning 200 shares of NVDAs in the semi portfolio. That is about 1/3 of the portfolio. Still got 2/3 cash 
I think I can sleep well and wake up to a double when the ARM deal goes through.
Since @elt1 said no one would report losses, so I report here that the running loss is $7k! so far.
Ofc, positive return for the semi portfolio but far short of the target return.
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I lost $5m in 2008-2012. Recovering was brutal but more satisfying than making it the first time making it.
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Stocks? You didn’t participate in the Dotcom madness? In 2009, AAPL got chopped by 50% and I lost more in 2009 than in Dotcom in absolute dollars term. However, I lost my entire savings from a few decades of working during Dotcom bust so is way more painful. AAPL recovered very fast from the financial crisis so I don’t have any lasting pain of the crisis. AAPL jumps 5x during 2008-2012
Well, you recovered. @Jil recovered. I recovered. From those crisis, after losing huge amount of our fortune. Not that scary after all. Is part of our story. Ditto the same for those millennials who might have lost speculating in penny stocks. They would recover. In fact, they are younger than when we got into financial trouble.
This time, I am playing cool, but made few mistakes which I have to avoid, esp buying temptation thinking the current is the lowest !!
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what if it had gone up? at least now you have met the mid point between lowest and high right?
You are 100% right on this statement. Only issue is that I need to keep some cash aside to buy more. The proper allocation I need to plan. Since I sold some ahead of the drop, the DCA is giving me hope that my growth will be good.
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The stellar results were driven by high demand for NVIDIA’s data center processors and gaming products.
Some investors also worry about artificial growth stemming from rising cryptocurrency prices… exposes the company to significant market risks if Ethereum prices crash again, killing the demand for token-mining hardware.
I didn’t mention the bear count (a chart-wise would have noticed it since it was indicated on a chart previously posted). Perhaps is time to speak in words (since many don’t understand chart).
Bear count: The bear count is $614.90 is the completion of a Cycle (multi-year) wave V and NVDA is now in a multi-decade downtrend (not a straight line ofc). The confirmation of bear count is when NVDA drops below $509.
Bull count: So I’m taking a big risk to bet that $614.90 is merely a wave (1) and now in wave (2) corrective wave (in common term, pull back). Wave (2) might or might not be completed as wave 4 (in yellow) is notoriously hard to read (usually you know only when it is over). I bet on bull count because I am not aware of any business reasons for NVDA to go into a multi-year bear market given that economy is opening and it will soon acquire ARM… I might be wrong about the business (may be @manch can enlighten me).
Refer to the chart for those who are not chart-blind.
This is not a financial advice to buy, sell or trade NVDA. Sharing for entertainment purpose only.
What do you mean you took a big risk? Your NVDA position is less than 1/50th of your AAPL holding. Stop being so melodramatic.
From an ego perspective 
So any view on the business of NVDA?
Btw, you might want to read the section on wave personality. IMHO, is a must read even if you don’t believe in EWT. It talks about perception of fundamentals affecting the price behavior.
NVDA’s core business is doing great. Its merger with ARM won’t go thru though. Stepping on too many toes. Biggest challenge for NVDA is the startups working on chips custom made for AI. There are dozens but so far no clear winner yet. And NVDA can always buy the winner off.
In terms of surest things I tend to think TSMC as the most certain winner. Followed by NVDA. Then AMD. Not saying there aren’t other winners. But I only have these three semis. That’s how I rank them.
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Still think AMD is a long term play given that ARM and RISV would be the dominant CPU?
He might be as politically savvy as Elon Musk.
The hidden threat is AMZN and/or GOOG start selling AI chips.
this i predicted. Industrialization need to be in North.
So long $509 is not breached, I believe NVDA is in a bull run to $677-$683 (wave i), $780 (wave v).
Chicken out on Friday, sold 
100 shares at breakeven, back to 100 shares. Holding my breath, run or break below $509? Anyhoo, my trading skill is so bad, decide to minimize the size and number of tickers, to learn the rope till I get the hang of trading. Yes, sold most of the counters! Now essentially less than 5.
Pretty young ehang girl likes NVDA Her number 1 is TSLA 
NVDA is number 2 I think she sold her EH after 10x run.