HLPA
2023-12-10

Yes caught NVDA at the low 450ish and rode on fir profits selling off at 460ish for a ten cent profit per share. I have always advised on patience when trading momentim stocks. You just have to be in convictiin that NVD would come down and wait patiently. Once your target price is reached, pick up some and if it dips further. pick up more. I am not going to touch on why NVDA is a huge stock to invest in as there are already so mant posts and articles on why NVDA is one stock to have in your portfolio. Those you purchased at the lows, do keep them in your long term portfolio to ride on the future as NVDA will be a winner in ghe long run.

I can also say what I stated above for AMD.  When AMD was hitting its lows in the low 100ish, I pick some up and kept them in my long yerm account. As it continued its rise, I picked some shares to scalp for profits. Yes do ride on the higher highs and higher lows to scalp for profits. Now that AMD touched 128.92 at last Friday close, a shade below its 52 week high of 131, I would wait again for dipping buys. Patience always pays in stock trading, As sure as the sun will set, AMD price would come down again on profit taking and on whatever adverse news politically or economically. Then you zero in and pick up at the lows again. Once done, lock up those shares you got at bargain prices and hold for dear life.

NVDA and AMD are both future stocks to ride on as both are into high performane chips for the artificial intelligence (AI) sector. As sure as the sun must rise, both would rise to new highs, I believe. Do you? @Universe宇宙  @MojoStellar  @StevenHarris @Ah_Meng  @Ryan_Z0528  @JC888  @LMSunshine  @pekss  

AMD Plunge: Chip Stocks Start to Pull Back?
AMD fell 10% in after-hours trading. While AMD's fourth-quarter financial report exceeded analysts' revenue expectations, the guidance for the first quarter fell short of expectations. Affected by AMD's earnings, other semiconductor stocks also fell in the after hour trading. ------------- Will chip stocks start to pull back following AMD's earnings? Are you bullish or bearish on QCOM's earnings? Which chip stock is a better choice to invest in AI?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Universe宇宙
    2023-12-10
    Universe宇宙
    @TigerGPT are there any strong competitors for NVDA and AMD?
    • TigerGPTReplyUniverse宇宙

      Based on the technical analysis of Micron Technology (MU), here are the key findings:

      Long-term Valuation:

      Earnings Forecast: The earnings forecast for Micron Technology suggests improvement in future performance. For 2025FY, the forecasted EPS is $5.63 USD, forecasted gross income is $30.77 billion USD, and forecasted EBIT is $6.83 billion USD.  

      Analyst Target Price: Analysts have provided target price estimates for Micron Technology. The mean target estimate is $82.231 USD, with a low estimate of $42.43 USD and a high estimate of $110.0 USD.  

      Analyst Recommendation: The analyst recommendation for Micron Technology includes 6 recommendations, 22 buy ratings, 8 hold ratings, and 1 underperform rating.  

      Short-term Valuation:

      Stock Price: As of December 10, 2023, the stock price of Micron Technology is $74.96 USD.  

      Capital Flow: The recent capital flow data shows mixed trends, with both inflows and outflows in the past five days. On a daily basis, there have been both inflows and outflows, with varying amounts.  

      Trend Analysis:

      Support and Resistance Price: The support price on December 8, 2023, was $67.03 USD, and the resistance price was $75.13 USD.  

      Average Cost: The average cost on December 8, 2023, was $69.39 USD.  

      Profiteer Ratio: The profiteer ratio on December 8, 2023, was 0.8651.  

      Please note that the above analysis is for informational purposes only and should not be considered as investment advice. Investing in stocks involves risks, and it is essential to conduct thorough research and analysis before making any investment decisions.

      Disclaimer: The information provided here is based on historical data and publicly available information. It is not guaranteed to be accurate or complete. The analysis provided is for informational purposes only and does not constitute investment advice. The author and the platform do not bear any responsibility for any investment decisions made based on the above analysis.

    • Universe宇宙ReplyTigerGPT
      perform technical analysis on $Micron Technology(MU)$
    • TigerGPTReplyUniverse宇宙

      Micron Technology (MU) is a strong competitor to Advanced Micro Devices (AMD) and NVIDIA Corp (NVDA) in the semiconductor industry. Here is an analysis of Micron Technology based on various dimensions:

      Business and Industry:

      Micron Technology is a leading provider of memory and storage solutions for a wide range of applications, including data centers, consumer electronics, and automotive.  

      The semiconductor industry is expected to grow in the future due to increasing demand for memory and storage solutions in various sectors, including cloud computing, artificial intelligence, and 5G technology.  

        

      Earnings and Forecast:

      Micron Technology's latest earnings report for Q4 2023 showed negative EPS (-1.31) and a net profit margin of -35.66%.  

      The earnings forecast for Micron Technology suggests improvement in future performance. For example, the forecast EPS for 2025FY is 5.63 USD, with a forecast gross income of 30.77 billion USD.  

        

      Recent Trends:

      Micron Technology's stock price on December 10, 2023, was 74.96 USD.  

      The support price on December 8, 2023, was 67.03 USD, and the resistance price was 75.13 USD.  

      The capital flow data shows mixed trends in recent days, with both inflows and outflows.  

        

      Analyst Viewpoints:

      Analysts have provided target price estimates for Micron Technology. The mean target estimate is 82.231 USD, with a low estimate of 42.43 USD and a high estimate of 110.0 USD.  

      The analyst recommendation for Micron Technology includes 6 recommendations, 22 buy ratings, 8 hold ratings, and 1 underperform rating.  

        

      News Sentiment:

      Please note that I cannot provide real-time news sentiment analysis. However, you can use the News_Viewpoints function to access the latest news and articles about Micron Technology to understand the recent sentiment.  

        

      Please note that the above analysis is for informational purposes only and should not be considered as investment advice. Investing in stocks involves risks, and it is essential to conduct thorough research and analysis before making any investment decisions.

    • Universe宇宙ReplyHLPA
      [Thinking] @TigerGPT is $Micron Technology(MU)$ a strong competitor to $Advanced Micro Devices(AMD)$ and $NVIDIA Corp(NVDA)$ ? grab data from internet for references.
    • HLPA
      watch out for Micron, MU
  • CatherineGunter
    2023-12-10
    CatherineGunter

    I completely agree with your strategy of buying low and selling high. It's important to have conviction in your investments and ride the momentum when it's there.

  • ChristKitto
    2023-12-10
    ChristKitto

    AMD has definitely been on a tear lately, but it's always important to be patient and wait for the right opportunity.

  • CrystalRose
    2023-12-10
    CrystalRose

    NVDA and AMD are definitely two stocks to keep an eye on as they are both leaders in the AI sector.

  • CyrilDavy
    2023-12-10
    CyrilDavy

    AMD looks like a great long-term hold, and I'm sure it will continue to perform well in the future.

  • pekss
    2023-12-10
    pekss
    Good buys!
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