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


To: Augustus Gloop who wrote (20297)9/6/2024 1:19:54 PM
From: Return to Sender1 Recommendation

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Kirk ©

  Read Replies (1) | Respond to of 26474
 
98 on NVDA looks like the bottom of that upward sloping trend line. My Math teachers always told me I had to show my work. LOL:





To: Augustus Gloop who wrote (20297)9/6/2024 3:35:44 PM
From: Kirk ©1 Recommendation

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Return to Sender

  Read Replies (1) | Respond to of 26474
 
I was referring to the "Continuation H&S" Breeze posted on the chart I replied to.

But now thanks to you and RtS, I see a new potential for a NASTY H&S top if we get much more damage if that neckline you pointed out doesn't hold...

like this...



if it goes to 90... then I'd expect a test from below and I'd only consider buying if broke and closed above the blue line to break the pattern... which is not even in play since the shoulder hasn't formed.... just to be clear.

I still think those mania stocks can fall 95% when all the hairdressers and their clients (literally.... I speak to some who told me it was a buy when it fell to $129 and I said I'm not interested until under $100...) sell at year end for tax loss selling.
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