$NVIDIA Corp(NVDA)$ Semis down

$NVIDIA Corp(NVDA)$ Semis down on rumors that Biden administration will be cutting down on chip exports to China.
Last time this occurred, semis shrugged it off in coming weeks.

Hoping for bounce at this multi-tested low. Tight stop, as confirmation of double-top formation could send the stock down to $105 levels.

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Comments

Guavaxf30
07-19
Guavaxf30
Be careful about banging on previous happening. The last time every was behaving FOMO about semi’s. No news event could derail the upwards movement.
Now things may be different.
Happiness.
07-19
Happiness.
Maybe 110 ? Not 105 too low. But I wouldn’t say No with any Low 😏
Monstroses
07-19
Monstroses
Great article, would you like to share it?
Slegter
07-19
Slegter
Great article, would you like to share it?
Brando741319
07-19
Brando741319
Good

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Last time this occurred, semis shrugged it off in coming weeks. Hoping for bounce at this multi-tested low. Tight stop, as confirmation of double-top formation could send the stock down to $105 levels.<img src=\"https://community-static.tradeup.com/news/a30625b8cd096dbc2f26cadc1e332c21\" tg-width=\"1978\" tg-height=\"973\"></body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"NVDA\" class=\"teditor-mention\" data-mention-name=\"NVIDIA Corp\" href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> <v-v data-views=\"1\"></v-v>Semis down on rumors that Biden administration will be cutting down on chip exports to China. Last time this occurred, semis shrugged it off in coming weeks. Hoping for bounce at this multi-tested low. Tight stop, as confirmation of double-top formation could send the stock down to $105 levels.<img src=\"https://community-static.tradeup.com/news/a30625b8cd096dbc2f26cadc1e332c21\" tg-width=\"1978\" tg-height=\"973\"></body></html>","text":"$NVIDIA Corp(NVDA)$ Semis down on rumors that Biden administration will be cutting down on chip exports to China. Last time this occurred, semis shrugged it off in coming weeks. Hoping for bounce at this multi-tested low. 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