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🎁What the Tigers Say | At what price will you bottom big tech?

@TigerClub
$NASDAQ(.IXIC)$ fell 3.62% after Powell's hawkish speech last week. Magnificent Seven suffered a lot. Do you think it's a good chance to add big tech? What is your target price? Which tech giant falls to fair value in your opinion? Below are some insights from Tiger @ZEROHERO, @JinHan and @TigerOptions. Which opinions do you agree with? 🎁Special Notes: Whoever showed up on the” What the Tigers Say” column will receive 100 Tiger Coins and an exclusive interview invitation to honor your contribution. Click titles to read the full analysis: 1. @ZEROHERO: More Dip Buying From Chip Orders? 🍟 Key Points: ⚠️ Trading tips: looking for calls above 421 and puts below 416 on Wednesday. Keeping a close watch on durable goods news at 8:30am and oil data at 10:30am. The trillion-dollar chip designer lost over 10% last month amid profit taking. Bernstein recommended investors take profits in pricey tech stocks like $NVIDIA Corp(NVDA)$. The industry is rife with reports suggesting Nvidia supplier Taiwan Semiconductor Manufacturing Company Ltd $Taiwan Semiconductor Manufacturing(TSM)$ is bumping orders for advanced CoWoS packaging equipment amid the influx of massive demand. TSMC has won orders for Nvidia's next-generation AI processor called B100, which requires the foundry's 3nm process fabrication. Also, now Nvidia targets the ad industry as the next primary chip-buying market. 2. @JinHan: Seizing Opportunities Amid Market Turbulence: My Big Tech Entry Points Key Points: The Fed’s decision to maintain interest rates at 5.25-5.5% reverberated through financial markets, leading to increased uncertainty. However, rather than succumbing to panic, I view this as a chance to strategically position myself for the future. Microsoft: An Entry Point at $320 $Microsoft(MSFT)$ Microsoft has consistently demonstrated its ability to adapt and grow. With cloud computing and software offerings driving substantial revenue, I consider an entry price of $320 as attractive. This level reflects a reasonable valuation given Microsoft’s long-term growth potential. Apple: An Entry Point at $175 $Apple(AAPL)$ Apple’s ecosystem of products and services continues to captivate consumers worldwide. An entry price of $175 aligns with my view of its fair value. Apple’s brand loyalty, innovation, and strong financials make it a compelling choice. 3. @TigerOptions: Technical Analysis of Stocks I'm Looking to Buy Key Points: $Microsoft(MSFT)$ MSFT Daily Chart Microsoft has enjoyed a strong uptrend throughout the year, supported by a clear trendline. However, a recent development of the FOMC meeting caused the breakdown of this support, signaling a change in the stock's trajectory. To optimize my allocation, I am particularly interested in increasing my position if the stock price falls within the range of 270-278 and 241-247. These price points are where I plan to add more shares to my portfolio. $Amazon.com(AMZN)$ AMZN Daily Chart Beautiful rejection as the stock was reaching 146, and the stock has since plummeted 7%. Once again, my levels to increase my allocation is a little far from the current trading price at 101.25-107.10. Despite this, the stock has the potential to test 128-131 which is around August low. $Alphabet(GOOG)$ GOOG Daily Chart The concept of "stocks take the stairs up and the elevator down" aptly describes Google's stock price trajectory, which has been steadily ascending in a stair-like manner. Currently, it finds itself perched on the support of one of these metaphorical "stairs," and a potential breakdown from this level is a concern. To optimize my allocation strategy, I'm eyeing the price range of 102-110 as potential entry points, but this would only materialize if the stock takes a sudden "elevator down" plunge. [LOL] $Tesla Motors(TSLA)$ TSLA Daily Chart I foresee two potential scenarios for Tesla's future. In the event that the stock manages to break through its current downtrend line, there's a conceivable opportunity for Tesla's price to climb to 300 or potentially even surpass that level. Conversely, if the stock encounters resistance and breaches the underlying trendline, it could experience a decline. In preparation for this possibility, I am poised to increase my allocation at the price range of 153-177. [DOGE] Questions for you: Do you think it's a good chance to add big tech? What is your target price? Which tech giant falls to fair value in your opinion? 🎁Prizes Comment Rewards: 🐯 All valid comments on the following post will receive 5 Tiger Coins. Editor's Pick Post Rewards: If you plan to share content over 500 characters, we strongly recommend selecting the "Also repost" button when posting a comment. This way, your content will have a chance to be selected as a "Picked Post" and receive a reward of 200 Tiger Coins automatically! In addition, if your post gains high popularity, there's also a chance to win US$15-25 voucher rewards in our weekly "Creator Incentive Program." ⏰Duration 4 Oct (24pm EDT)
🎁What the Tigers Say | At what price will you bottom big tech?

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.

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