11Mon·

$NVDA What do you think how will #nvidia the next few days? Especially because of the issue regarding the U.S. debt ceiling. Profit-taking by many shareholders could probably also occur. In the long term, however, I think #bullish

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Currently, everything and everyone is talking about NVIDIA, in the out.
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Such a massive rise will sooner or later be sold off a bit, so that the chart becomes "healthy" again ☺️
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I think it's overvalued, but it looks like it's going up all the time. Apparently, a lot of people have become obsessed with Ki and Semiconductors.
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Some analysts forecast a value of 400-500€ and I personally see a very big development in the ai sector, where Nvidia is the shovel supplier. Just as in the automotive sector. My takeover value is 450€ even if it goes down again.
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If you are not dependent on the money and had a good entry price then let the thing run is but no matter in which direction.
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NVIDIA and especially AI is currently on everyone's lips. That makes for extraordinary power on the buyer's side. But even such a movement will correct sooner or later, which is by no means a bad sign, but would be healthy.
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My opinion: I am since January and still in it. At the ATH, many stops were torn. In addition, many gamblers have shorted and are now buying back in at a loss (mini short squeeze) and keep the price up. In the long term, NVIDIA will probably be much higher if AI is indeed the next stage of evolution and takes over everything like the Internet did back then. In the short term, NVIDIA is overbought and should go down, but if and when is impossible to say. Therefore, wait and see.
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The outlook they have presented was already a pretty heavy burden that they have imposed on themselves, the chance of not meeting expectations in the next quarter are already high, but I thought that before this Eranings call also 😅
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Nvidia 🚀
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The debt ceiling is a meme anyway. Every year there is this discussion just so that one of the parties can push through its aspirations. No one could justify such a scenario.
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