Anyone buy NVDA at or near the top?

[Coin Flip]

My friend told me that NVDA can still go 50% higher, this was after market close on June 19, 2024 when NVDA closed at $135.58.

NVDA may well end up 50% higher compared to its all time high of $140.76, but timing is everything. Had I bought on June 19, I would instantly be down a cool 10%.

 

[SunTrader]

Some friend. And more like -16% off Friday's HOD.

+ + +

If you like stocks that have already run a lot take a look @

CMG doing an almost unprecedented 50*1 split on Wednesday.

 

[DarthSidious]

NVDA split 1:10 and now CMG. Instant x10 and x50 on option commissions and fees for the brokers with zero benefit for the traders

 

[maxinger]

My friend told me that NVDA can still go 50% higher, this was after market close on June 19, 2024 when NVDA closed at $135.58.

NVDA may well end up 50% higher compared to its all time high of $140.76, but timing is everything. Had I bought on June 19, I would instantly be down a cool 10%.

Some people only buy when things are very expensive.
They buy it when it breaks the record high.

They enjoy high inflation.
They will truly enjoy staying in Argentina, Syria Lebanon ....
because the price keeps on going higher and higher and higher.



Their trading strategy :
Buy very high. Sell very much higher.


Other people trading strategy :
Buy Low. Sell high.

 

[SunTrader]

NVDA split 1:10 and now CMG. Instant x10 and x50 on option commissions and fees for the brokers with zero benefit for the traders

So you normally trade size of a $3200/share stonk huh?

 

[S2007S]

Nvda can easily trade back below 100 maybe not this week or next but very soon.


Lost 1/2 trillion market capitalization in 3 days!
No one saw that coming...

 

[S2007S]

My friend told me that NVDA can still go 50% higher, this was after market close on June 19, 2024 when NVDA closed at $135.58.

NVDA may well end up 50% higher compared to its all time high of $140.76, but timing is everything. Had I bought on June 19, I would instantly be down a cool 10%.

So buy now, maybe you'll be instantly up 10% by end of week

 

[jys78]

If it traded at a given price, then yes someone bought there. Someone also sold there.

 

[Jzwu2017]

We can trade Nvda using TA. It will probable go back up even if not to its ATH last week. The question is how to find the short term bottom.

 

[S2007S]

We can trade Nvda using TA. It will probable go back up even if not to its ATH last week. The question is how to find the short term bottom.

Approximately when? Before earnings in August?