That was exactly my thought behind my short with nvidia. Unfortunately, I had already cashed out beforehand
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@Hotte1909 Do you think a short-term long at $NVDA makes sense if there is further punishment?
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7Mes
@Hotte1909 I had the same feeling. After the positive figures, I was afraid that my sale was a little too early😅 Can you explain why the market reacted so harshly at minus 7%?
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@Norisknofun Good question. I don't have the supports in my head right now. If they hold, it could go up again at some point. But in the current market situation it's a bit like a casino. I mean like Trade Desk, the figures were ok. The outlook was rowed back from 680m sales to 670. The share falls 16% only to rise 11% again today
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@Hotte1909 I can tell you where the support level was, at 170 $ 😛 my inliner has been knocked out there and it has already been tested twice in the last 4-6 weeks, each time I thought my money was gone. But each time we bounced off at around 171 $...
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•@DasistderWeg It will be difficult to explain this rationally. The problem I currently see with all these extreme price fluctuations is on Wall Street. The bankers/traders seem to have pretty nervous hands at the moment and have therefore apparently set their stop prices pretty tight, then one wheel grips into the other and in the end it just pops. These are not private investors who are moving the prices like this - these are the big fish.
If I were to throw RocketLab shares on the market for 150k, there wouldn't even be a twitch in the price, but when BlackRock throws its shares, which are worth just under 2 billion, on the market, things take off....
If I were to throw RocketLab shares on the market for 150k, there wouldn't even be a twitch in the price, but when BlackRock throws its shares, which are worth just under 2 billion, on the market, things take off....
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•7Mes
@Hotte1909 okay thank you :) I just somehow expected a different reaction from the big investors
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@Hotte1909 hm interesting so if we really correct towards support I will try my luck with a long position :)
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@DasistderWeg It's all automatic for them. As soon as the first one starts selling, everyone else follows nervously behind
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@Klein-Anleger is already turning. I have just placed a short on $RKLB
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•@Multibagger they will probably deliver shitty numbers but the outlook will be good because Neutron can take off as planned and we will jump back towards 100$ 😀
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