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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: #Breeze who wrote (16028)	5/30/2023 11:12:18 PM
From: Kirk ©	Respond to of 26758

Thanks for that NVDA update. I followed my gut today plus how it has traded the last few days and sold the 14% of my shares in the fund that is probably 40 or 50% NVDA stock... Gotta 'nother 0.43% as there was still a little closing juice in the stocks. Looks I added significantly near the low at $13.77 July 1st last year... and getting out of those shares plus some reinvested dividends (still leaving a sizable core position) at $23.10 today is nearly a double... bulls and bears make money while pigs get slaughtered... so I'll have bacon on the grill now! It will be interesting to see if we do get a pullback after this swift gain... and if it is large enough to buy back some shares. On this chart, a test of the neckline from above might do it which would also align with an unshown iH&S on your chart at the gap fill AND the "4" label. Still amazes how some of these targets align so well with such different methods. My guess is this fund is doing some profit taking too so it might not follow a chart as well as NVDA stock itself...