Hi Tigers,
Have you tried our Tiger Prediction feature? If not, please check out here! Make bullish/bearish predictions in your post, and if your post gets [IDEA] or [PICK], you will have a chance to win free voucher rewards every week! 💰
Let's take a look at who the winners were last week (17 Feb-24 Feb) and how much "profit" they made! 💰💰💰
Congratulations to the following Tiger Friends for winning free voucher rewards @pekss @第N次大变革大分流 @Shyon @Omega88 @JC888 @melson @easonlai @Ultrahisham @Nakkeran @RickPANDA ! And let's specially congratulate the Tigers who are “Star Contributors” For winning additional coins.
Become a Star Contributor now to win more additional rewards >>
(The stock vouchers will be sent to you within 10 days, and you can check and claim the voucher on [Profile] - [Rewards Center].)
Well, let's then have a look at how some of them made their stock predictions at that time!
@pekss Bearish on RIVN(17 Feb): + 38.11%
$Rivian Automotive, Inc.(RIVN)$is not in any better shape as it struggles to quickly expand its customer base beyond its key sponsor Amazon whose orders of delivery vans have fallen significantly short of previous commitment by the e-commerce giant to electrify its delivery fleet. Rivian has yet to generate sufficient operating cash flows and has to resort to exhausting its cash reserves to sustain its operations. However, with just under $8 billion cash balance currently, it is projected that Rivian has only sufficient cash to last through another 3 years at most. Short of seeking additional external fundings, Rivian is under immense pressure to build operating cash flows to sustain its operations. Hence, I would brace myself when Rivian announces its earnings for the previous quarter on 21 February.
@melson Bullish on NVDA (21 Feb): + 15.9%
$NVIDIA Corp(NVDA)$will make a pull back upon profit taking but a bull market will last for years especially when the fed is cutting rates this year. liquidity will flood the market and cause business activity to come alive. not considering black swan events.
my previous analysis target is surpassed: "nvda bullish in the long term as fed going to cut interest rate sooner or later. liquidity will again flood the market and cause a stock market boom. nvda is the leader of this boom. institutional investors are normally 6 months ahead of retail investors. hence, nvda might crash when the fed cuts rates. this is because the market already bought the 'rumor' and will sell the 'news'.
according to the Fibonacci retracement on the pnf chart, nvda can have legs until 717. $Invesco QQQ Trust-ETF(QQQ)$ is the average of tech stocks. it has legs until 467. the laggards of the tech stocks will catch up and push the index to new high while the leaders will consolidate or pullback. "
the market is always over exuberant and nvda will be overpriced. the price will normalize with a pullback and then the cycle repeats. buy on dips as long as the bull trend continues. to recognize a bull trend, look for higher highs of stock price. bear trend is the reverse where lower lows are made. watch out for qqq on signs of pullback or correction. nvda likely to retest all time high at 734.5 and continue uptrend.
do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.
Feeling excited after seeing these results? Want to know more about these users' opinions? 😆 You can find the [Tiger Prediction] feature by entering the [Discussions] section on any of the available stocks and check it out! We welcome everyone to share their own insights and be the next user on the list!
[Notes]
1. Your content must be ORIGINAL and get [IDEA] or [PICK] in the Tiger Community to be eligible for the rewards. Besides, your post must be strongly related to the stock, and you need to state the reasons why you are bullish/bearish on it. The bullish or bearish reason for each stock must be over 200 characters, and it needs to be clear, detailed, and specific, with more extensive explanations preferred. General or vague reasons, such as "I am bullish on stock XX because the technical indicators are oversold" or "I am bearish on stock XX because its fundamentals are poor," will be considered invalid.
2. The cost price of your (simulated) position will be the stock price when you make a prediction post. The Rate or Return(RoR) will be calculated by your cost price & the week's close price of that stock you make predictions on.
3. For a single stock, you may make predictions multiple times, but only the last one will be counted.
4.You can provide a comprehensive analysis and predict multiple highly correlated stocks to increase your chances of winning.For example, you can write an original analysis on the semiconductor industry and correlate it with the bullish or bearish stance on multiple semiconductor stocks such as AMD, NVDA, SOXX, and so on.
5. You may make predictions on all the stocks available (around 100 tickers), and the highest five RoRs will be counted in the Overall Weekly Prediction ranking. For individual stock rankings, regardless of how many stocks you predict, only the top 5 highest RoRs can make it to the list each week.
6.The distribution time for the vouchers will be sent in 10 days after the release of the list. Please be patient and wait for it.
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