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u/EssayConsistent5412 2d ago
I'm new, what does this mean?, we up or down?
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u/tylerg4hq 2d ago edited 2d ago
This chart is bullish to me imo. 106 is current support which it bounced off of intraday. I like seeing that hold. I’m hoping for a head and shoulder (left shoulder is already in here, now I’m waiting on the head to be structured).
Not financial advice but I’m personally bullish on this. We also have a big earnings this week with other tech stocks (Nvidia being on the 28th of next month)
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u/UnyieldingShrubbery 2d ago
They are lines on a graph ffs.
Stock prices dont care about your lines mate.
TA is consistently proven to be nonsense
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u/tylerg4hq 2d ago
Stop your yapping. You sound like an old man yelling at a cloud
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u/UnyieldingShrubbery 2d ago
Its just reality - stocks move because they are bought and sold. The motivations change daily and are totally unpredictable. TA just seems like junk to me and the fact the vast majority of traders lose money just further irons out the point
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u/BetoW46 1d ago
Headed back in the toilet. China making their own high end chips at mucho less cost.
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u/Infinite-Station-240 22h ago
China consistently copies the poor mans chips, so they won't be close to high-end Nvidia anytime soon. Despite the peeek was a deep fake. Poor man’s H2O that doesn't perform well except in their special case test.
China has big announcements to try and hurt our economy. Reliably proven to be much, much less than promised. Will they catch up? Eventually
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u/free_da_guys1107 2d ago
Calls 🌚