After seeing NVidia's reaction to there event, SMCI falling and a dead cat bounce. I truly have high hopes for AMD, BUT as we see in the volume profile levels there are gaps to be filled on the downside.
But, another thing to take into consideration is the chips act is awarding grants and loans to these companies now. Good news could be the only thing that makes it rocket.
For now... looks pretty iffy to me.
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Very important directional signals will be made this week...
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Either we just broke down or this is a fake out and we start pumping here.
most likely a rally until may or are we walked a little to early this year
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ALRIGHTY EVERYONE!
I went from bearish to now bullish. Buy swing calls 30-60 days out at a strike price of $170. Ur welcome
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Short term pump and then dump after NVDA earnings?
Or....
Massive dump to shake everyone out and then pump... this stock is about to move quick.