SamSuka
The Long Investor
The Long Investor

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$NVDA

I spoke yesterday about $NVDA losing its 50 Day MA next being a strong possibility and that is what we got today, coupled with the Mega Caps hurting today, the $QQQ is down heavy.

They all appear to be moving in sync now which is great to see, so this tells us that it is a market pull back and not that any particular company is struggling.

So this is where opportunities arise.

Your favourite stocks go on sale because the market is being irrational in the short term.

Long may this pull back continue.

$NVDA

Comments

There is support at $644 on the 0.38 Fib

Gareth Neary

Are we expecting to see support in any near term ?

A V


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