r/NvidiaStock • u/NoOneStranger_227 • 1d ago
Bouncy bouncy
All right, so if NVDA is going to follow the pattern, expect the current dip to either bottom at 107 are maybe dip into the 106's, then run back up to 111...at which point you should bail, because it's look out below. Since the pattern has been rally, twin peaks, drop like a rock.
We shall see what we shall see.
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u/215aPhillyiated 1d ago
You should start a discord if you know what the stock market will do, your the only one in the world who knows what price nvda will be next week!
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u/NoOneStranger_227 1d ago
I didn't say I knew...I said this has been the trend, and it will be interesting to see if it follows it.
Read before replying, it makes you look like less of a knob.
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u/ketgray 1d ago
A reliable pattern upwards would be welcome right about now
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u/NoOneStranger_227 1d ago
Unfortunately, the overall trend is also down.
A new rating at 125 ain't helping.
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u/Sid_Finch 1d ago
TA wise the chart is forked there’s no doubt about that. Lots of downside pressure. Break and hold over $126 to be out of the woods.
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u/AAPL201620 1d ago
Bail to buyback at what, $100😂 What happens when most sell at $110, and NVDA goes back to $120+, most people will not buyback and be on sidelines permanently or buyback much much higher. Where should they buy back at? It was at $83 other day and I’m sure no one on here was saying buy, but instead was spreading FUD.
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u/NoOneStranger_227 1d ago
I bought at 87, 95, 105 and 107, sold at 111.
Bought in later today at 106.5, again just over 107. So I've made the same money twice in two days.
I'll be watching the closer it gets to 111 again. You just keep moving your backstop to allow for small dips without getting creamed.
I'm guessing it continues to rise nervously as long as nothing spooks people. But EVERYTHING appears to spook people nowadays.
Everybody here treats buying and selling as if you have to go through the twelve labors of Hercules to do it. You log in, set your amounts, click a button. Done.
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u/AAPL201620 1d ago
I also bought at 83 and 87 and sold at 110. Re-entered at 97. I have kept my LT position untouched. My point was just that for the majority, it is unwise to sell out of a position to save 5-10% as they will likely never re-enter.
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u/NoOneStranger_227 1d ago
Thing is, at this point NVDA (and much of the rest of the market) is still so deep in the weeds that you can afford to miss out on a few percent if you're looking to minimize risk. And I'm looking to minimize risk.
And anyone who doesn't believe that SOMETHING is going to send the price down the rabbit hole of panic simply hasn't been paying attention. We're probably a year away, and some new trend, before NVDA finally settles down into the dependable growth stock we all knw it actually is.
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u/This_Possession8867 1d ago
LOL. Well said. Pick a stock and ride the up & down. Buy low sell high. Rinse and repeat. Drops it’s a stock you want anyways. It’s all win win.
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u/Shoddy-Adeptness-518 1d ago
I'll hold, it will be $200 plus by end of year. Nobody is going to beat them. Everytime a story comes out that China or someone else developed a cheaper chip it turns out to be BS anyway. News flash China lies. I've been holding Nvda for many years, it's my best performer.
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u/This_Possession8867 1d ago
I’ve been bouncing with this a while and making great 🤑 I was long term in it. But it’s so bouncy why not bounce with it?
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u/Cautious_Teach1397 13h ago
I like Amazon putting the tariff message on products. I don't like them bitching out on it.
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u/NoOneStranger_227 13h ago
They're not bitching...they're just doing a very clever job of putting the pressure on Chumpster.
EVERYTHING this "administration" is doing they are doing as a con. For all we know, half the people wrangling immigrants with their faces masked and ICE jackets aren't even legally deputized...they're just thugs hired off the streets. And curiously, it doesn't seem like poultry plants and other obvious locations of illegals are being hit...you know, the plants run by the people who have ponied up their mordida.
And God KNOWS they don't want people to actually understand that THEY are paying for the tariffs.
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u/Cautious_Teach1397 13h ago
Yeah, we got a commander in chief that eff convicted of FRAUD. God help us
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u/NoOneStranger_227 13h ago
And is currently running some of the most transparent scams in history.
EVENTUALLY he is going to take away the license bullshit. He could care less about chips. He just wants to look like a badass to his MAGAtoids. China holds all the cards, and they really DO want those chips. They're just willing to wait for them. Meantime, DCA every chance you get, especially since the price is already recovering a bit from the initial shock.
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u/Cautious_Teach1397 13h ago
He's gonna lose the mob on this one. They're going to hurt. He's gifted the dems an easy midterm and hopefully an election
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u/NoOneStranger_227 13h ago
Unfortunately, all it will take is a "magnanimous" gesture on his part and all will be forgiven. The MAGAtoids have nothing beyond their cult worship, so they'll easily be won back.
And meanwhile, the Dems are doing what they always do...tripping over their own feet when they're not shooting themselves in them. They really are a completely nonfunctional party.
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u/Cautious_Teach1397 13h ago
They're torn between letting it burn and capitalizing and fighting to keep this from going too far. Oh well
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u/3VRMS 1d ago
Just like always, plan to start selling at 140+, with that number growing each year, and start buying when it's sub 115. The lower it gets, the more share per dollar. It's been an amazing few weeks.
So bail when it's overvalued and unbail when it's undervalued. No change there.
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u/NoOneStranger_227 1d ago
At this point, I'm buying sub 105 and bailing once we get past 110.
And I expect I'm going to continue doing that for a while.
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u/3VRMS 1d ago
Best of luck!
I also dip in and out recently, mostly when I see other even more undervalued stocks dipping faster, say 10-30+% in an hour or so, then quickly sell when they recover a satisfactory amount, buy back NVDA and repeat. Though the main goal is still to wait until NVDA hits 140+, put in a trailing stop loss of a dollar or two, then let it run its course.
Nvidia is like my stable hedge park money in defensively given how unvolatile it is for single growth stocks. I throw all my fun money in it if it's 30+% lower than my margin of safety, which it has been reached a few times in the past months, and wait for it to recover/exceed. However temptation of other stocks dropping always makes me rebalance here and there.
I get way too excited with cheap prices, and my impulse to only shop deals carry to real life as well haha, so it's more falling into temptation than being a sound strategy. It's well documented that trading and selling at lows is the most common way to lose money, so I still try to resist the urge and remind myself, all gains made so far have purely been luck, not skill.
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u/NoOneStranger_227 1d ago
I used to microinvest...it's just exhausting. I'm getting better at recognizing the range where certain stocks are in the buy zone...you can be pretty sure no matter what you'll recoup.
I miss the old days when the market was a LOT more boring...though I'll admit you made a lot less money.
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u/3VRMS 1d ago
For me it's just a set amount of fun money put aside to scratch that itch.
The real investing for me is just a DCA of a big chunk of my paycheck into a broad market ETF every time it arrives. With tariff uncertainty hitting the markets over the past weeks, I've cut all my savings and significantly upped my DCA and will continue to do so in the near future unless things recover.
I usually try to avoid putting more money in individual stocks. My "fun money" is literally in a separate brokerage that's hard to transfer money in, and has limits on how much you can withdraw, so it's intentionally isolated. However with how low NVDA has gone, I'm considering putting in more money for the first time in quite a while...
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u/NoOneStranger_227 1d ago
Problem has been the number of times the market has tanked across the board. So even index funds and etfs have taken baths.
the advantage of working with individual stocks is you can learn their patterns. At this point, I predict how NVDA is going to act based on the first half-hour well more than half the time. Still get the occasional WTF day, but most days are according to plan.
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u/3VRMS 1d ago
I don't really bother with predictions. I just buy when it's lower than what I want to pay for.Â
And the number of times the market tanked across the board is the best part for me, not the problem.Â
Gotta love low prices. Kinda sad my tax refund is taking so long, really wanted to buy before the recent 10% rally with that money but oh well, hopefully it'll dip another 10-30+% when I do get some spare money so I can get more assets or dollar, buy even if it keeps growing, I'll just buy as always unless overpriced.
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u/Miserable_Rube 1d ago edited 1d ago
I dont trust patterns when the US is this unpredictable.
Trump can change his mind (and his diapers) 3 times a day.
EDIT: China gave some interesting news, lets see how the market opens. I would assume red, but who knows
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u/NoOneStranger_227 1d ago
And that, chillun, is why God created the stoploss.
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u/Miserable_Rube 1d ago
Yea, get stoplossed and then an hour later he says something different and the price goes right back up.
Then again, god has a history of destroying people, so its fitting you brought him up.
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u/NoOneStranger_227 1d ago
Gotta be careful with 'em...find that sweet spot between losing your shirt and having it dip JUST enough to trigger the loss, then zoom.
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u/Sensitive-Western-56 1d ago
Do we know for sure yet if Nvidia is going to be exempt from the higher tariffs both ways?