To The Moon

Ah, good day lah everyone! So the cat is out of the bag — our friend Jensen is done selling his $NVIDIA Corp(NVDA)$ shares! Now the big question is: **you buying or selling ah?** Let's kaypoh a bit and dive into this $NVIDIA Corp(NVDA)$ stock analysis and options market to see if got any clues.

Wah, NVIDIA ah, has been like a rollercoaster ride — more ups and downs than MRT delays. But, some juicy news popped yesterday, and NVIDIA shot up. Why? Jensen stopped selling his shares lor! And if you see the chart, it’s like finally, the trendline is going up! Monday was still jialat, we were still under the 50-day moving average (MA), but yesterday we broke through! Now we’re sitting just above both the 50-day and 200-day MA. Looks like things are turning bullish. At least, the chart says so. Don't play play.

Now, let’s see the options market — the real juicy part. Got a lot of resistance at $121 and $125, and we closed at $120.87 yesterday. Almost, but not quite there yet. Don’t anyhow-count out these resistance levels lah! There’s some support down there at $115 and $105, but not much else. Basically, if NVIDIA can’t tahan above $121, maybe it will drop to $115. If can break through $121 tonight? Next target: $125. Exciting hor? It’s like playing “Will It Blend?” but for stock prices.

And hor, we all know NVIDIA is still continuing to grow at a huge pace. Nothing wrong with Jensen taking some money off the table — maybe he wants to build a bungalow in Sentosa Cove, who knows? So overall, this week looks slightly more bullish than last week, but don't just take my word for it lah!

So, what say you? Buy or sell? Don’t be shy ah, share, like, and comment!