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

To: #Breeze who wrote (19813)	8/12/2024 11:24:34 AM
From: Kirk ©	Read Replies (1) \| Respond to of 26476

Thanks for the 2x long NVDA chart. Have you tried that chart using after hours values? I did that for one of my stocks and the peak and decline added another step in the Fib retracement.... 62% vs 50%. I've tried adding and selling using after hours trading if the numbers exceed my limit order targets but so far it is about a wash with some adding to my returns and some hurting my returns. I still think it makes sense if I can get a couple of dollars better than what I have set with limit orders at the open as some of the levels were never reached until another price cycle.

To: #Breeze who wrote (19813)	8/12/2024 11:40:49 AM
From: sandeep	Read Replies (1) \| Respond to of 26476

Breeze, any update on Tsla? Thanks!

To: #Breeze who wrote (19813)	8/12/2024 1:59:29 PM
From: da_spot	Read Replies (1) \| Respond to of 26476

Thank you for the chart, Breeze. I'd added with long-standing GTC orders on Monday, stopped out of some on Wed and re-added this morning.

To: #Breeze who wrote (19813)	8/13/2024 1:21:57 PM
From: Kirk ©	2 Recommendations Recommended By #Breeze Sonali Respond to of 26476

I added NVDL and made a 5-yr version of my NVDA chart. Logic seems to say we'll rally to the 50-dma, test the low and perhaps the 200-DMA... but like you said, alternative counts or "it can go either way" is still in play for me. No three white soldiers bull pattern, but we have big white candlesticks in 4 of the last 6 days which is pretty bullish given it is expiration week and often up and down days alternate. I don't own it and took a ton of profits in SPY and my fav. tech stocks to build a pile of cash to be comfortable... I guess I easily remember 2000 to 2002 and 2007 to 2009 and how being too early was not the call for best results despite being great LT buy points.