NVIDIA's stock: adhering to the principle that what ascends must eventually descend. I contend that NVIDIA can be equated to the modern Bitcoin, serving as a buffer against inflation amidst the swiftly growing AI bubble. This current AI boom parallels the dot-com era, advancing more rapidly than the inflation rate, which leads to its perception as a financial safe...
I see the short MA has tailed upward on the long MA around May28th, 2020. I found strong support level at $28 and $42 level and I believe that the Fibonacci extension will go on to $64 and the drawback is $32.
Recently, I notice Amazon is overvalue. Massive hiring during this season is normal because they layoff too much delivery force after Christmas. Amazon also ended their relationship with Fedex and start doing more in house delivery fleet. Amazon lost a $10 Billion dollars contract with DoD and try to take it away from Microsoft, I don't think Microsoft will be...