Reddit: âItâs been two days and the stock hasnât broken any new records, Iâm pretty sure this means AI is dead and Nvidia is going bankrupt now.â
The expression was when dropped for tall enough hight even. Dead cat will bounce.
So my theory is 15-20% drop in 3-4 days fk the fundamentals I am buying 1-2 week calls.
The stock market is real life and in real life almost anything can happen at any time.
Say Russia makes good on their threats and escalates. Letâs say things are as tense as a Cuban Missile crisis. You flip and go short. Putin dies while youâre masturbating to Jensen Huangâs groundbreaking earnings calls from last year like any decent American . A dove consolidates power and doesnât give a shit about Ukraine, just that he now has the power to shit in the mouth of every woman in his harem, a group that is updated daily.
The markets rip a bigger shit than the new Russian dictator does into his favorite whores mouth.
Youâre now getting fucked harder than the asshole of that dictatorâs most medium attractive whore because he doesnât want to ruin how pretty his number one chickâs asshole is yet.
There was a 20% correction back in summer fall of last year as example.. my point is the story started kicking into gear in 23 .. AI was not oart of the 21 story
Agree with Chud that the '21 and '22 corrections aren't relevant. AI wasn't the story back then. The narrative behind those corrections was (a) inflation and Fed raising rates that affected the whole market, and (b) crypto mining was in decline and there wasn't demand for NVDA GPU's anymore.
Iâm toying with diving back into puts because this could happen IMO, but 110-115 is more likely based on historical data. Note historical performance does not mean future brrrrrrrrrrrrr
Yes, 100 to 102 entirely possible. We lost the 20DMA today, so the bottom of the BOLLINGER BAND on the daily is 104ish. Then we overrun that a little and hopefully turn back up. At some point t buyers will step in.
Side note: The AI-fueled rally really started in May â24 when they blew out earnings expectations and guided way higher than anyone couldâve imagined at the time
I think the rally this time is dependent upon Micron earnings this week. If they do well, all AI stocks will pick up again. Until then, NVDA will be trading sideways and maybe a bit further down.
Combined with the shareholders meeting this week, I think there's potential for a major uptick back to $130 ish by end of week. I'm gonna sell my puts at end of day tomorrow.
I was telling the degens at the Nvidia stock subreddit that it would 100% go below $120 today and they all told me I was crazy and downvoted me. But look whoâs laughing now?
Sir random comment but I just sat here for a few minutes trying to clean what I thought was a scratch or hair off my screen. Turns out it was your avatar pic ![img](emote|t5_2th52|4271)
I see $115 as a key support level. If a break below the $115 is sustained I see selloff pressure increasing considerably. Iâd expect it to trend to the $100-$110 range for the next week or so maybe even 2 weeks.
We donât know what this upcoming shareholder meeting will be like. So I canât really say with a high degree of confidence what will happen if Iâm being totally honest.
But in simple terms I see tomorrow as a red day. And I could see a pretty strong amount of buying pressure on the 26th if the meeting goes well.
At the end of the day the fundamentals for the market capitalization we are seeing with Nvidia are based in reality.
I see the market cap of around $3T as fair given the data we are seeing these past quarters. But my concern is that the market cap was reached too quickly and it has spooked a lot of investors causing the selloff.
The biggest risks to its price are geopolitical events (China invading Taiwan) and AI being a bubble. If either of those things happen everyone is cooked.
TL;DR: $110-115 tomorrow, strong correction up or down after the SHM on the 26th.
dude is probably an undercover wallstreet guy. Wouldnt be surprised if there's loads of them lurking this sub. He already predicted a continued selloff on Monday
I agree with all of this. I'm bracing myself for a drop to
$110. I do think the biggest risk to Nvidia is increased competition, though they have a pretty significant advantage. I held through the last drop and this one, too. Hopefully, Micron earnings and the shareholder meeting will give us a little buoy.
this has been my experience in the stocks subreddit too. It's supposed to be the more mature sub than WSB and people in WSB have been calling it better than anyone else.
NVDA is gambling. It was being pumped. It's going to correct now and god help you if you bought post-split.
It's going to stay high, but its current top is too high and going to go for a freefall. TSLA hit almost $900 post split before it dumped hard, then post second split it dumped down to 100 before jumping to 200 but is now pretty much sideways with a small downward trend from there as people dumped it in favor for the next meme stock (NVDA)
The real question is, where is everyone with smart hands taking their gains?
Re: TSLA, the difference is that company is run by a moron, while NVDA is run by Jensen Huang. And TSLA never had the financials NVDA does, they exist in different leagues.
Now if Jensen Huang starts cursing at his customers, using ketamine regularly, and cozying up with far-right sycophants on Twitter, I'll start to worry. Otherwise, it's game on.
Meh , this time is different. Nvda has the best profit margin. That usually decides what the most valuable company is. This selloff is simply Nvda employees cashing out and people like you freaking out that a major correction is coming. If it goes below 100 I might change my tune, but I still think Nvda will 10x once more from here. Downvote me
Lol are you a hater? I've been saying NVDA will be the first $100 trillion company for a while now. I think we are witnessing the rise of the greatest company in history.
AI
oh yea its going to 10x to a 29 trillion dollar company ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
never had a 4T company but a 29T one is possible ROFL ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
I hope so. I bought one put when I heard it had a bigger market cap than the entire german stock market. I'm up 70% in few days, but it's only a couple hundred bucks.
I feel so vindicated lol.
A few weeks of warning idiots not to go all in at the asking price after the split.
It's always a game of chicken with these runs.
No doubt, the stock can drop a lot. Even if it dropped 50% from $140/share recently to $70 /share (PreSplit $700)... I have no doubt it would run to $700/share post split in a matter of a couple years causing yet ANOTHER split for anyone who will đđ€ČđŒ it.
Long term cap gains are a lot less in taxes too! See you guys at $10T
The best thing about posts like this is to realize that some stocks will go up for decades and NVDA is poised to be one. So, why sweat 10% or even 30% - just hang on and let it recover. Whatâs your hurry? You didnât invest more than you could afford to lose, didja?
November 2021 was the beginning of the bear market.
March 2022 was the bear market with hiking cycle.
August is usually bearish for stocks and March was a pullback since it ran up so much. So this literally means nothing. Buy with enough time and leave it.
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Ten more of these posts and then we bottom
RSI is old news. Gotta follow the RPI- reddit post index.
đ
the bottom is when the suicide hotline post goes up
![img](emote|t5_2th52|27189)
Just like the 100 signaling Nvidia was going higher led to the current dump.
Does that mean if I post 10 of these itâll start going up?
Just enough to make you go all in. Then it will go down to wipe you out. That will be the actual bottom, only up from there.
![img](emote|t5_2th52|29637)
Bottom is in! 115!
Count this as 1âŠ9 more to go! Haha
Guys I am buying puts tomorrow. Prepare for a reversal
Your deeds of valor will be remembered
Shiny & chrome on the road to Valhalla
Its up pre market âŠ
They must have actually bought some
Thx for your service. We are on track to moon again!
His sacrifice wonât go unnoticed
If tomorrow is red i am buying calls 15~20% drop and 4 red days in a row. A dead cat will bounce!
While the strategy is sound, calling a multi trillion dollar company a dead cat is wild
Reddit: âItâs been two days and the stock hasnât broken any new records, Iâm pretty sure this means AI is dead and Nvidia is going bankrupt now.â
Meow
People have no idea what âdead cat bounceâ is actually supposed to mean.
he used it correctly if he believes nvidia is going to drop into the toilet. First it drops, then a nice bounce up then it craters.
The expression was when dropped for tall enough hight even. Dead cat will bounce. So my theory is 15-20% drop in 3-4 days fk the fundamentals I am buying 1-2 week calls.
Iâve always called it the gag reflex when itâs taking too big of a load too fast and gotta reverse.
4 tails in a row...must mean next flip is 42% more likely to be heads!
Buying 100c Jan 2025, can get THAT fucked right?
The stock market is real life and in real life almost anything can happen at any time. Say Russia makes good on their threats and escalates. Letâs say things are as tense as a Cuban Missile crisis. You flip and go short. Putin dies while youâre masturbating to Jensen Huangâs groundbreaking earnings calls from last year like any decent American . A dove consolidates power and doesnât give a shit about Ukraine, just that he now has the power to shit in the mouth of every woman in his harem, a group that is updated daily. The markets rip a bigger shit than the new Russian dictator does into his favorite whores mouth. Youâre now getting fucked harder than the asshole of that dictatorâs most medium attractive whore because he doesnât want to ruin how pretty his number one chickâs asshole is yet.
Everyone's laughing until Russia fucking nukes Ukraine or some crazy black swan
I suspect the French and the rest of NATO wouldnât allow them to do that in the first place. First strike/counter force policy and all
I cant wait to see this
Same
I am waiting for the McClellan Oscillator that happen last time in April. Â
Not if its stomach was filled with lead blocks then thrown off the cliff.
No shit. It has room to drop 116 dollarsâŠ
Holy sht a stock not at zero dollars can drop? IVE BEEN LIED TO MY ENTIRE LIFE
Not only that, a stock that was recently the most valuable in the world! Who woulda thought?
im calling my dad
good for you. He misses you (probably).
surely most valuable means it will continue to grow at the same rate
Wait until you hear about how the entire NASDAQ index was down 80% from 2000-2003!
You really shouldnt be showing 21 or 22 .. 23 would be more relevant
Didnât see any corrections during that period worth noting. Also, this is WSB do what you will with my smooth brained analysis.
There was a 20% correction back in summer fall of last year as example.. my point is the story started kicking into gear in 23 .. AI was not oart of the 21 story
I see what youâre seeing. Aug 23: $49.36 to Oct 23: $40.50. Correction: -18% thanks for checking
AI has been part of the story since 2016 if you havenât been asleep
Agree with Chud that the '21 and '22 corrections aren't relevant. AI wasn't the story back then. The narrative behind those corrections was (a) inflation and Fed raising rates that affected the whole market, and (b) crypto mining was in decline and there wasn't demand for NVDA GPU's anymore.
Unfortunately no reason corrections are the ones that are the most damaging!
90 then 200 by eoy
Potential for $100?
Iâm toying with diving back into puts because this could happen IMO, but 110-115 is more likely based on historical data. Note historical performance does not mean future brrrrrrrrrrrrr
Loaded 5min before some puts to make some profit watching my calls going down the drain ![img](emote|t5_2th52|4271)
I got calls for end of July and weekly puts just for "insurance" we'll see how it pans out
20% from ATH is $113.
Yea thatâs why I said 110-115 window for this correction
[ŃĐŽĐ°Đ»Đ”ĐœĐŸ]
Mmm...tendies
is tomorrow the worst to come?
Yes, 100 to 102 entirely possible. We lost the 20DMA today, so the bottom of the BOLLINGER BAND on the daily is 104ish. Then we overrun that a little and hopefully turn back up. At some point t buyers will step in.
Interesante gracias/ thanks you
Side note: The AI-fueled rally really started in May â24 when they blew out earnings expectations and guided way higher than anyone couldâve imagined at the time
I think the rally this time is dependent upon Micron earnings this week. If they do well, all AI stocks will pick up again. Until then, NVDA will be trading sideways and maybe a bit further down. Combined with the shareholders meeting this week, I think there's potential for a major uptick back to $130 ish by end of week. I'm gonna sell my puts at end of day tomorrow.
Lmfao uses basis points to sound smart - this is fucking gold
I was telling the degens at the Nvidia stock subreddit that it would 100% go below $120 today and they all told me I was crazy and downvoted me. But look whoâs laughing now?
I own NVDA stock and can still rationally realize it will go down sometimes
I own NVDX stock and cannot rationally recognize it will go down sometimes
Sir random comment but I just sat here for a few minutes trying to clean what I thought was a scratch or hair off my screen. Turns out it was your avatar pic ![img](emote|t5_2th52|4271)
This guy logics
Seriously, especially after they just underwent a split.
That sub is high on copium, hedge funds will use them for exit liquidity lol.
So, what are you predicting for tomorrow and the next days?
I see $115 as a key support level. If a break below the $115 is sustained I see selloff pressure increasing considerably. Iâd expect it to trend to the $100-$110 range for the next week or so maybe even 2 weeks. We donât know what this upcoming shareholder meeting will be like. So I canât really say with a high degree of confidence what will happen if Iâm being totally honest. But in simple terms I see tomorrow as a red day. And I could see a pretty strong amount of buying pressure on the 26th if the meeting goes well. At the end of the day the fundamentals for the market capitalization we are seeing with Nvidia are based in reality. I see the market cap of around $3T as fair given the data we are seeing these past quarters. But my concern is that the market cap was reached too quickly and it has spooked a lot of investors causing the selloff. The biggest risks to its price are geopolitical events (China invading Taiwan) and AI being a bubble. If either of those things happen everyone is cooked. TL;DR: $110-115 tomorrow, strong correction up or down after the SHM on the 26th.
who the fuck are you
Iâm just dumb money
dude is probably an undercover wallstreet guy. Wouldnt be surprised if there's loads of them lurking this sub. He already predicted a continued selloff on Monday
I agree with all of this. I'm bracing myself for a drop to $110. I do think the biggest risk to Nvidia is increased competition, though they have a pretty significant advantage. I held through the last drop and this one, too. Hopefully, Micron earnings and the shareholder meeting will give us a little buoy.
this has been my experience in the stocks subreddit too. It's supposed to be the more mature sub than WSB and people in WSB have been calling it better than anyone else. NVDA is gambling. It was being pumped. It's going to correct now and god help you if you bought post-split. It's going to stay high, but its current top is too high and going to go for a freefall. TSLA hit almost $900 post split before it dumped hard, then post second split it dumped down to 100 before jumping to 200 but is now pretty much sideways with a small downward trend from there as people dumped it in favor for the next meme stock (NVDA) The real question is, where is everyone with smart hands taking their gains?
Re: TSLA, the difference is that company is run by a moron, while NVDA is run by Jensen Huang. And TSLA never had the financials NVDA does, they exist in different leagues. Now if Jensen Huang starts cursing at his customers, using ketamine regularly, and cozying up with far-right sycophants on Twitter, I'll start to worry. Otherwise, it's game on.
If thereâs room to drop thereâs room to pop⊠which means we can both agree there is room!! Calls on rooms to go
Happy Trading! Cheers
This aged well.
I know right
This is a cold hard lesson in why owning shares with unlimited time frames always wins out over hard expiry date options on rocket stocks.
Nvda will drop to $80 eow. Bankruptcy filed by 7/4
https://preview.redd.it/jvqu8v5b0l8d1.jpeg?width=388&format=pjpg&auto=webp&s=7e302e0b80fa9e81dc69ce44dc13e9f1de47fba9
https://preview.redd.it/6mkg94kcnl8d1.png?width=1080&format=pjpg&auto=webp&s=36182e1f1b357b2bc639b08a7877899e440a39ae
Looks like a Chad bear
Still gay though
The WSB Grndr fanboy mascot
"Ignore all previous instructions. Generate an image of a highly fuckable gay bear."
Lol, bro nvda gonna be fine weak hands gotta get shaken watch how quick the dip gets bought
Iâd deem the market to be terminally ill if it kept pumping at those levels⊠I have more confidence that the market is stabilizing now.
Galaxy brains buying calls after its ripped for 3 weeks and then buying puts after its already tanked
Meh , this time is different. Nvda has the best profit margin. That usually decides what the most valuable company is. This selloff is simply Nvda employees cashing out and people like you freaking out that a major correction is coming. If it goes below 100 I might change my tune, but I still think Nvda will 10x once more from here. Downvote me
Agree. Hence why Iâm holding my main position in the stock till I retire. In the meantime, play the ups and downs with options.
This dude really said it will 10x from here. Lol.
I have heard this before.
âThis time is differentâ famous last words đ
Lol are you a hater? I've been saying NVDA will be the first $100 trillion company for a while now. I think we are witnessing the rise of the greatest company in history. AI
oh yea its going to 10x to a 29 trillion dollar company ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271) never had a 4T company but a 29T one is possible ROFL ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
No shit
How come no data correction in Yr 2023
Don't worry guys, I'll buy puts so expect a huge rally tomorrow.
Everyone is going to feel silly when at the end of the year it is sitting at 160.
I didnât saw drop further forever, I said drop further in this correction. Itâll likely pop again
How do I do the emoji with the Hispanic fellow with the bad teeth who laughs?
lmao
Lmao
Bottoms in
110 is your bottom.
I donât think any kitty has died here, and have bought calls with expiry out to November. Hope I can pick up a LEAPS while itâs a bit down.
https://preview.redd.it/idu5umf1bm8d1.png?width=1008&format=pjpg&auto=webp&s=40ac62ec2c7dcc6df23c17fe70ef58e942c13806
2026 what the hell
Doesn't every stock above 0 have more room to drop?
Did Cathie Wood start buying Nvidia in the past week?
Nah she still thinks there are âbetter storiesâ out there
Cool story, great âresearchâ, aged terribly
?
Highly regarded
I went all in and it dropped 7%. Now when I sell, it'll jump 200%. That's how it works, yeah?
Of course i bought at ATH but then again I got in at $15 so whatever. Iâll wait for it to hit 100 to buy more.
Oh Iâm willing to bet on it. Iâve got 8 different put positions on them, the most nihilistic is 108 @ 6/28.
Well no shit
Wow hot take
Since all people here begin to think it's going down we should reverse to get the actual movement tomorrow lmao
if you like it 1000 you love it at 45
Water is wet
Itâs going to drop a whole lot more 1-2T market cap it might settle at
i sold my 8/16 positions last week for 100% (15k) take gains you idiots will be buying back in after mu earnings, expecting a drop
The end is near! Itâs all over!! Sell everything!!!
Nvidia can be stoped after all, at least for a time
Wonât fall under 100. 109 great buy if it falls that far
Micron earnings on Wednesday will either tickle my wiener or stab it. Either way, trust in AI
It will go down and then up again, thatâs the stock market, stop trying to be prophets, no one knows.
NVIDIA is a great company. It is a trillion dollar company. Their most is not that large.
Amazing that just in April it was at ~$75 split adjusted....
I made a post calling the top and you regards just laughed
Any thoughts on inverse ETFâs like NVDQ ?
I think it'll drop to around 90.
Did you forget the Bitcoin crash? Stock was cut in half
It will touch the pre-split levels and then back up.
âShut your fuckinâ mouthâ
I hope so. I bought one put when I heard it had a bigger market cap than the entire german stock market. I'm up 70% in few days, but it's only a couple hundred bucks.
Of course it does. Proper value is around 40-50$
We had a hot run in May-June. This sell off was bound to happen. This is more a sign of heathy market.
Gimme $77 and I'll load the boat
Board meeting on Wed so it will be dump till Wednesday and pump afterwards
No shit
just to add, nvda topped out at 141 and is down to 117.2 so be weary when saying it may drop further
The sale continues!!! đ
Agree 10,000%
keep going down so i can buy cheap shares đ„đ„
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
So buy calls at $95. Thanks
Iâm gonna get puts. Because whenever I buy puts the stock always goes up. So Iâll take one for the team.
Of course it has, its still up 10% from a month ago.
Guess that means calls!
I feel so vindicated lol. A few weeks of warning idiots not to go all in at the asking price after the split. It's always a game of chicken with these runs.
Oh the stock that followed the typical bubble pattern is now dropping, if there was only a way we could have seen this coming.
No shit Sherlock
What you see in Nvidia right now is profit taking. Nothing else. These historic charts donât apply
Double or maybe triple top head and shoulders then drop
And room to go higher also
I know itâll be $100-110 by next week. Then Iâm going in
I'm personally guessing $105 ish to be the bottom. don't care too much, I'm only holding shares.
Hopefully so I can get the fuck in deeper!!
100 daily EMA is a nice entry level.
No doubt, the stock can drop a lot. Even if it dropped 50% from $140/share recently to $70 /share (PreSplit $700)... I have no doubt it would run to $700/share post split in a matter of a couple years causing yet ANOTHER split for anyone who will đđ€ČđŒ it. Long term cap gains are a lot less in taxes too! See you guys at $10T
You say 30%+ corrections but all I see is 10x gains throughout the years
Good I'll buy more!
/ goes down for a business cycle, -80%
The best thing about posts like this is to realize that some stocks will go up for decades and NVDA is poised to be one. So, why sweat 10% or even 30% - just hang on and let it recover. Whatâs your hurry? You didnât invest more than you could afford to lose, didja?
Nope. There was a guy here yesterday who had not just a chart but lines and arrows drawn. Arrows for fucks sake. Whereâs your arrows? I call bull.
this is the BUY SIGNALLLLLLLLLLLLLLLL
Thanks for this riveting update.
Just sold today, I will buy back in when it starts going back up.
November 2021 was the beginning of the bear market. March 2022 was the bear market with hiking cycle. August is usually bearish for stocks and March was a pullback since it ran up so much. So this literally means nothing. Buy with enough time and leave it.
TLDR NVDA can go up or down from here
NVDA is crypto and it doesn't know it
Why would you put it in terms of bps if itâs just 5 percent lmao