ZIM - $21 support. Hold that and get back over $23 and it could start moving.
It has always been a high conviction stock for me so watching it fall from what it was to $1 really pissed me off... I doubled down a month ago for some reason on gut feeling with this lawsuit. Feeling a sigh of relief this morning/today and hoping to see it continue.tailgatetimer10 said:
Congrats Fubo owners. Wow. I wonder what Disney is going to end up playing. Up 200% premarket
If that was all of the (a) wave today, then (b) is tracking for the EMA cluster between $132 and $140. Below $132 and I will turn very cautious. Also, just reminding that the 3 wave pattern inside of what I have labeled as (a) could have already been the (a) and the (b) with current action working on the (c). If so, $160 seems about as far as it could stretch.Heineken-Ashi said:
There is no clear path for NVDA on the short term. Understand what I mean though. NVDA should be in the 5th wave of an ending diagonal. Those are exhaustion of trend patterns, in this case, the trend being one going back two years. They are overlapping and produce whipsaw. As of now, NVDA could be completing an (a) wave, which would be the first of a 3-wave move inside of the 5th wave. If so, it would be followed by a (b) that could retrace between $133 and $140. But I can also make a case the (a) completed in Christmas Eve and that we're in the (c) final move already which could top anywhere between $160 and $170. So if you are long..
1. You could either take profits here and not deal with the potential whipsaw, knowing that once this tops its going to reverse back to $90-$100 level by mid summer
2. You could sell here and look to buy back around $140 or lower for the last ride to $160-$170, knowing that if you never get the chance you will at least avoid the big fall upcoming.
3. You could set a conservative stop just below the last $126 low and hang on until this completes higher.
Make no mistake though, my base case is that a huge drop is just around the corner in the coming weeks to months. And with how heavily weighted NVDA is and how many companies depend on their products and their business downstream, it almost undoubtedly won't just be them dropping that hard.
jamey said:
Of course I sell FUBO for 1.29 a share a few weeks back
This man is literally telling us how to MAKE MILLIONS OF DOLLARS and everyone is half asleep in that crowd.
— DekmarTrades via TradeCaster (@DekmarTrades) January 7, 2025
I am about to have the BIGGEST YEAR OF MY LIFE! $NVDA pic.twitter.com/o9pqaYheFB
Nvidia $NVDA CEO Jensen Huang just said:
— Evan (@StockMKTNewz) January 7, 2025
“The ChatGPT moment for general robotics is just around the corner” pic.twitter.com/tNjId93C08
CheladaAg said:
Did Jensen just rollout the competitor to Optimus? If so would think TSLA would take a hit tomorrow.
Talon2DSO said:
MU!!!!!
This is your fault...BrokeAssAggie said:
Spy looking like it wants to take a morning dump
BrokeAssAggie said:
Spy looking like it wants to take a morning dump