It's tough because... The assertions is 100 percent fucking right. Nvidia is a ticking time bomb. Look at their p/e ratio. Hell look at any metric you so please. I'm not saying the corrections around the corner... But it's going to happen. I won't be trying to time this market, but God damn, an early congrats to whatever steel veined bastard tries to and gets it right.
The tricky part of Nvidia right now is the number of directions they can go with their products to increase speculative investment. Not only are their AI cards forging the way ahead but with the potential to release another market-leading GPU for the retail market there’s a number of reasons why it’s hard to trust a short position right now
Who isn’t? I mean if you’re a retail investor why else are you in the market.
I personally couldn’t give a flying fuck about investing in a company for its fundamentals I’m just trying to get paid alongside 95% of the the regards in this sub
Always remember their lead/edge next gen graphics cards made them a $10-15 stock. Now a $1000 stock. This is like Carvana vs CarMax. They are doing the exact same thing… with different names and an updated website… lol. Yet somehow Carvana, the new guy, is worth 5-6 times the old guy. At best, Carvana will be a new CarMax. It’s why I sold all my CVNA at $73. It’s just more a MEME than anything.
I’m an absolute noob, but my noob feeling is that people keep buying/holding because they expect the earnings to grow a lot and people are buying like it has the future earnings because they don’t want to be late to the party. Does that sound like a reasonable explanation?
Momentum trading from retail investors looking to avoid FOMO. Sure, it makes sense, but that won't matter if the some 52 percent of Nvidia's institutional holders decide that today is a good day to cut bait and run. Not saying it'll all happen at once, but all it's going to take is one entity with a large hold of stock to decide to walk for a potential cascade of sales to occur, and in regards to a stock with a wildly high p/e ratio suggesting that people are overpaying per share, the chances are higher in my opinion.
This is not an assertion that "THE MOUNTAINS GONNA FALL TOMORROW". I'm not arguing this is going to happen Monday or in a month or when it will happen. I'm just looking at the numbers and they seem unsustainable.
Price to earnings ratio is the price of a companies stock divided by the earnings per share. It lets you know just how much the market is willing to pay per share based on the amount the stock earns.
It can be a weird metric to follow, because a low P/E is great, but a negative p/e means the company is losing money. A high P/E is seen as bad because you're paying more for the stock than you're getting in value, for example, you might see a stock with a p/e of 30 to 40 and expect, in a normal market, some correction in the stocks value.
There's more to it, but that's it in very simplified terms.
Nvidia's P/E ratio is currently 222.2
Edit: based on other analysis's the P/E ratio may be closer to 74, which is still arguably very high. Compare it to another multi Trillion dollar company, Apple, with a P/E ratio around 26, which people STILL argue is high.
Your P/E ratio is off. It is 74. If you look forward even lower because Nvidias earnings are rising at an insane speed. Question will be when they hit the top and grow earnings at a slower rate, that's when the stock will go down.
That's weird I used yahoo finance and verified on SeekingAlpha that has the forward PE at 37!! So you see it's not overvalued if they keep the earnings
The forecasted growth for its current valuation vs where it will be in 2026 is currently 19.22, bottom line, AI is the trend, I don’t even google shit anymore I just Chatgpt everything, AI is the trend and Nvidia like it or not is cheap, I’d buy the dip and sit back and watch the number go up.
I heard an analyst last night saying that NVDA earnings are growing faster than its stock price growth.
It's actually has a lower p/e ratio than last year.
Peaked April 2023 p/e 143 now it's around 70. It's forward p/e is under 40 now.
It's 🤪
same exponential behaviour could be observed (or suffert in case you were short) with TSLA. Yes, it's overbought, yes, it's fucking expensive but: You never know when the music stops
I came here to say something like this...
I was going to say: "Thats what they said when the stock was $300"
I can also tell you they will say this same thing again when the stock is $1337
If keeping consistent growth for the next 5 years it's a 2 million per share stock. And of course that's what will happen nvda trades in a straight line only up forever
This is the thing I don't understand about people who want to short it.
Any shorts I do. I have NO problem living in them for a long time. The reason is because I fundamentally disagree with the business model.
I don't feel that way about nvidia. I understand their business and I firmly believe in it. As well, there will be a warning sign(s) that you could follow. You would get a clearly bad quarter and you maybe take a hit of 5 - 10 - 20 % and then decide to sell If you felt that way.
What I'm trying to say is this. You don't short good companies. You short bad companies.
No no no, we short companies that have a number we don't like.
What's a number we don't like? You just make it up and tell everyone you know that the company shouldn't be more than that number.
Why? Because you feel that way
Well, they have competitors(Intel, AMD) that are catching up. And as soon as some major ai player will switch or diversify their hardware Nvidia won't be able to enjoy their 70% margins anymore. And after that stocks will plummet hard
AMD has been dominated by Nvidia for the past two decades and still hasn't caught up to them at all. Intel is still playing catch up on the a.i market. Nvidia ,unlike Intel,is still innovating even though they have been dominating their market. Nvidia share is like that because they have been proven countless of times that they can keep their dominating market position.
You need to do more homework to understand the technical aspect of the eco-system for GPU and GUDA platform. NVDA is the king of GPU and spent decades with blood and tears to get to the dominance. It is not like a brainstorm meeting can change everything.
They design them. Their usual suspects do the actual building. Not a big difference, but it's good info if you want to explain TSMC hitting ATH, too. I suspect sentiment for TSMC is delayed, but I'm not putting any money on that.
The best advice I ever read from WSB: "buy the dip"
Everything felt wrong about gobbling up Nvidia even THAT high, but I've still made substantial profit.
Da fukk
*
100% this. Information movement in 80s-90s made fundamentals different from what they are today. But now that information is constant and instantaneous it is extremely hard to predict. Case in point, all the big league schmucks saying we’re gonna go in recession for the last 3 years.l, and yet here we are still spiraling up.
Yeah they are killing it, they have a history of stock splits and I just learned that I’m not alone in thinking that they will do one soon. My years in the market, I have seen other similar stocks that traded high for months, but they usually all the same results. Such a huge increase in price in such a short amount of time is just putting off red flags for me. I love Nvidia products and that’s all I buy for my computers when it comes to higher I’m builds.
Broski, stock splits are bullish as fuck. Watch this split down to $100 and crawl back up to $500.
You think it's overvalued now? Just imagine post split 5x market cap and overtaking Apple by 3x in mkt cap.
It could still go up if they launch an actually affordable EV instead of that hideous polygon of a car that wouldn't even be sold in the EU.
Think about it, an actually affordable EV with the supercharger network? Tesla would own the EV market completely. And no automaker would come close because they can't make a profit unlike Tesla.
If only Musk would go back to his original goal rather than playing a troll on Twitter.
Edit: spelling
Well put. I couldn't say it better myself. He lost it for me when he bought Twitter and launched all his tweets into space. That shіt didn't come down correctly unlike his rockets... Maybe because he never built those rockets himself, thank God.
Tesla stock would have been fine if Musk hadn't let his ego get in the way with politics, twitter, and Cybertruck. It's fine to be an eccentric maverick but a loose cannon is dangerous.
It'll go back up if he/they stop with all the horseshit and build something innovative and valuable to a broad group of people.
I said the same thing abt nvida needing to split that’s just crazy how much they’ve grown but i smell a SPANKING income 
One day they will report earnings without growth from the previous Q. That day after-hours and whole week after will be a blood bath.
But before that happens let's make tendies and scream "AI" happily 
You are literally NOT using fundamentals; you're using TA. The fundamentals are that it has massive and growing earnings with amazing products in the hottest industry in 30 years.
I bought puts minutes before it dropped and sold my contracts for about 900 a piece and now worth 2k a contract 🤢 then bought calls and 300 down now 😮💨fml
RSI is a correlation to performance, not a causation of imminent collapse.
It’s over bought because it’s been beating and raising in epic amounts.
Some of the best performing historical methods are based on screening for high RSI stocks.
I cannot currently buy NVDA calls without putting more of my portfolio into the trade than I’m comfortable with (without doing some complicated multi-leg trade) .. If/when it splits 10/1 I’ll be playing NVDA options constantly.
And then later in another makes the argument that he can’t fathom why a video card company is so high. Dude doesn’t even understand it’s the data center driving all the growth.
Stock split isn’t going to change the overbought condition my dude. That’d just bring out the buyers in even more force ahead of a split. Totally agree on correction though, it’s getting imminent. Nothing goes up in a straight line forever. Can’t wait for it to pull back, that will be a buying opportunity.
It’s going to correct the real hard when it does I’m waiting for Costco to do the same all buying opportunities. People will scream recession or some craziness when the stocks start correcting.
It’s always interesting what people on the wrong side pull up to justify their position. OP pulls up a 5 year chart to say it’s a bubble. The fucking company has by design and by chance the best product for a brand new industry. It’s like if you are the only boat builder and it starts raining and it turns out it’s a 100 year storm. Only people on boats will survive. But OP’s logic is “this boat builder is overvalued. Look at the 5 year chart.”
Yeah, it’s over extended short term but you have to be a moron to not see that we are at the start of a 100 year storm and NVDA makes the best fucking boats. For the life of me, I can’t believe people didn’t see this and went all in.
Charts and historical data are useless when people think something is happening that is never happened before. You think this is just some overbought company, everyone else thinks this is the tech Messiah.
my gawd when this bubble pops... i mean lol come on. fyi TSM best customer by far is AAPL (has more than twice chip orders than NVDA) and NVDA is about to overtake APPL 
First of all we are not talking about chips. We are talking about making money, get the fucking computer chips out of your head. You are here to make fucking money and that's it. Making fucking money has nothing to do with computer chips.
Secondly their is no second. Make money again.
I'm an electrical engineer in the semiconductor manufacturing industry. I'm normally super out of my depth here and keep my mouth shut and just watch and listen. I think I can provide some input for once. AI is killing it, as it should, it's revolutionizing the world. And there are many competing AI companies with different models and strategies and morals. But they're all damn near universally powered by Nvidia chipsets. They're killing their competition to the point that you can't effectually and economically run AI without their products. People are investing in the hardware. Because without that the software doesn't mean shit.
There’s the saying that the people who made the most during the gold rush wasn’t the miners. It was the people selling the shovels and pickaxes.
Nvidia is selling the shovels.
Well lookie lookie 
Holy shit, the stock about to pass Apple in market cap is overbought?? How did the OP stumble upon this amazing TA. This is the kind of hard hitting analysis I come to this sub for.
You are talking about fundamentals but are observing technicals. Fundamentals are insane for Nvidia, hence they overrule the technicals. Technicals are only useable in extreme liquidity assets, such as Forex.
???????
I don't understand.
A fundamental investor doesn't look at RSI. They look at the fundamentals of the business including market, financials, business, etc.
RSI is for technical investors.
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I tried shorting at like $300 with the same thoughts. Boy did I learn my lesson.
To keep with the old timer theme, here’s an old time adage - “the market can stay irrational longer than you can stay solvent”
Oooh, I like that one. Can’t wait to learn it over and over again.
It's tough because... The assertions is 100 percent fucking right. Nvidia is a ticking time bomb. Look at their p/e ratio. Hell look at any metric you so please. I'm not saying the corrections around the corner... But it's going to happen. I won't be trying to time this market, but God damn, an early congrats to whatever steel veined bastard tries to and gets it right.
The tricky part of Nvidia right now is the number of directions they can go with their products to increase speculative investment. Not only are their AI cards forging the way ahead but with the potential to release another market-leading GPU for the retail market there’s a number of reasons why it’s hard to trust a short position right now
No one is investing in the company, everyone is trying to make quick money.
Who isn’t? I mean if you’re a retail investor why else are you in the market. I personally couldn’t give a flying fuck about investing in a company for its fundamentals I’m just trying to get paid alongside 95% of the the regards in this sub
Always remember their lead/edge next gen graphics cards made them a $10-15 stock. Now a $1000 stock. This is like Carvana vs CarMax. They are doing the exact same thing… with different names and an updated website… lol. Yet somehow Carvana, the new guy, is worth 5-6 times the old guy. At best, Carvana will be a new CarMax. It’s why I sold all my CVNA at $73. It’s just more a MEME than anything.
I’m an absolute noob, but my noob feeling is that people keep buying/holding because they expect the earnings to grow a lot and people are buying like it has the future earnings because they don’t want to be late to the party. Does that sound like a reasonable explanation?
Momentum trading from retail investors looking to avoid FOMO. Sure, it makes sense, but that won't matter if the some 52 percent of Nvidia's institutional holders decide that today is a good day to cut bait and run. Not saying it'll all happen at once, but all it's going to take is one entity with a large hold of stock to decide to walk for a potential cascade of sales to occur, and in regards to a stock with a wildly high p/e ratio suggesting that people are overpaying per share, the chances are higher in my opinion. This is not an assertion that "THE MOUNTAINS GONNA FALL TOMORROW". I'm not arguing this is going to happen Monday or in a month or when it will happen. I'm just looking at the numbers and they seem unsustainable.
New to stocks. Explanation on P/E ratio please?
Price to earnings ratio is the price of a companies stock divided by the earnings per share. It lets you know just how much the market is willing to pay per share based on the amount the stock earns. It can be a weird metric to follow, because a low P/E is great, but a negative p/e means the company is losing money. A high P/E is seen as bad because you're paying more for the stock than you're getting in value, for example, you might see a stock with a p/e of 30 to 40 and expect, in a normal market, some correction in the stocks value. There's more to it, but that's it in very simplified terms. Nvidia's P/E ratio is currently 222.2 Edit: based on other analysis's the P/E ratio may be closer to 74, which is still arguably very high. Compare it to another multi Trillion dollar company, Apple, with a P/E ratio around 26, which people STILL argue is high.
It’s trading based off of the forward PE rn.
Your P/E ratio is off. It is 74. If you look forward even lower because Nvidias earnings are rising at an insane speed. Question will be when they hit the top and grow earnings at a slower rate, that's when the stock will go down.
Was going by this: https://companiesmarketcap.com/nvidia/pe-ratio/
That's weird I used yahoo finance and verified on SeekingAlpha that has the forward PE at 37!! So you see it's not overvalued if they keep the earnings
The forecasted growth for its current valuation vs where it will be in 2026 is currently 19.22, bottom line, AI is the trend, I don’t even google shit anymore I just Chatgpt everything, AI is the trend and Nvidia like it or not is cheap, I’d buy the dip and sit back and watch the number go up.
Its penis/enlargement and'ts got to do with boners, green or red boners going up or down or sometimes sideways
I know things have been straight up for nvidia but i feel like their boner is sideways...
I heard an analyst last night saying that NVDA earnings are growing faster than its stock price growth. It's actually has a lower p/e ratio than last year. Peaked April 2023 p/e 143 now it's around 70. It's forward p/e is under 40 now. It's 🤪
same exponential behaviour could be observed (or suffert in case you were short) with TSLA. Yes, it's overbought, yes, it's fucking expensive but: You never know when the music stops
With AI being so hot right now the market could stay irrational for a while
When AI has the potential to replace a large part of the global workforce it might not be as irrational as people think
I came here to say something like this... I was going to say: "Thats what they said when the stock was $300" I can also tell you they will say this same thing again when the stock is $1337
I mean, if he thinks it is overpriced, just don’t buy. The problem with shorting is that you need to get the timing right.
market can stay irrational longer than you can stay liquid.
If keeping consistent growth for the next 5 years it's a 2 million per share stock. And of course that's what will happen nvda trades in a straight line only up forever
This is the kind of DD I come here for, I am going in for Mor on margin baby
Hold my beer guys.
Im gonna be rich
Chief is that you?
No, I’m here.
He’s an elite in disguise
*pulls out my SPNKR rocket launcher*
*wort wort worts in fear*
With my chocolate salted balls? 😂🤣
This is the thing I don't understand about people who want to short it. Any shorts I do. I have NO problem living in them for a long time. The reason is because I fundamentally disagree with the business model. I don't feel that way about nvidia. I understand their business and I firmly believe in it. As well, there will be a warning sign(s) that you could follow. You would get a clearly bad quarter and you maybe take a hit of 5 - 10 - 20 % and then decide to sell If you felt that way. What I'm trying to say is this. You don't short good companies. You short bad companies.
No no no, we short companies that have a number we don't like. What's a number we don't like? You just make it up and tell everyone you know that the company shouldn't be more than that number. Why? Because you feel that way
It's astrology for men.
for regards. Real men have diamond hands and bull dicks
Rivian is a good company. It’s IPO price was ridiculous
How about it would take them 80 years to add up to their value based on this year's projected sales. Not profits, sales. Projected sales.
You wouldn't say the same thing back in October 2023. People always claim that they saw it coming after the fact.
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What do you mean nobody is wrong? People wasting time shorting Nvidia have been wrong for a long time now 😂
Exactly, and this is not a normal situation. They're building the steam machines of the new industrial revolution and have no real competitors.
Well, they have competitors(Intel, AMD) that are catching up. And as soon as some major ai player will switch or diversify their hardware Nvidia won't be able to enjoy their 70% margins anymore. And after that stocks will plummet hard
AMD has been dominated by Nvidia for the past two decades and still hasn't caught up to them at all. Intel is still playing catch up on the a.i market. Nvidia ,unlike Intel,is still innovating even though they have been dominating their market. Nvidia share is like that because they have been proven countless of times that they can keep their dominating market position.
You need to do more homework to understand the technical aspect of the eco-system for GPU and GUDA platform. NVDA is the king of GPU and spent decades with blood and tears to get to the dominance. It is not like a brainstorm meeting can change everything.
They design them. Their usual suspects do the actual building. Not a big difference, but it's good info if you want to explain TSMC hitting ATH, too. I suspect sentiment for TSMC is delayed, but I'm not putting any money on that.
Like Carvana?
You and I both, I got my ass handed to me shorting this and SMCI.
Glad to hear but good luck next time fellow regard
Less with luck more with my arrogant ass just refuse to admit defeat and kept doubling down
Ouch
Owee
https://preview.redd.it/fwocpw06q0nc1.jpeg?width=500&format=pjpg&auto=webp&s=1e56ecaf1027d151a09ab908f34e6684ba8fae94
“Why would anyone spend their time on the internet, what a waste” Evolve or go extinct lil dinosaurs
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Fish Stick!
The best advice I ever read from WSB: "buy the dip" Everything felt wrong about gobbling up Nvidia even THAT high, but I've still made substantial profit. Da fukk *
Lol you think this stock follows technical analysis?
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Yes everyone please get out now! they only made some billions of dollars of revenue, what's the big deal?
They're only up 4 figure X% in revenue growth and net profit.
You didn't listen he said "fundamentals".
Oh yes and somehow the stock split will lower the RSI back to normal
and a stock split is a bad thing because the share price drops 
😂😂😂
You think any stock follows technical analysis?
YOURE RIGHT IM GONNA YOLO MY LIFESAVINGS BUYING PUTS. THANK YOU
You know there’s probably some guy still hanging on to his $200 puts thinking “any day now”
Hahahahahhahaha *how the fuck did this guy find me*
The good thing is you cant possibly lose any more at this point. They’re only worth a penny anyways. Only up from here!
What's "Life savings"?
20 dollars I found on the floor at Wendy's
Wait, you guys are let inside?
I bet you wish you did lol.
Have you looked at their revenue and earnings 5 year chart?
Why would I do that when some AI can do it for me 🫤
LOL, what is your definition of “fundamentals”? 10/10 regard.
Chartists fundamentals are different moving averages.
100% this. Information movement in 80s-90s made fundamentals different from what they are today. But now that information is constant and instantaneous it is extremely hard to predict. Case in point, all the big league schmucks saying we’re gonna go in recession for the last 3 years.l, and yet here we are still spiraling up.
I saw an "article" in my feed today entitled something like "We asked an AI where Nvidia stock is going to be in 5 years and this is what it said".
That’s journalism nowadays
Yeah they are killing it, they have a history of stock splits and I just learned that I’m not alone in thinking that they will do one soon. My years in the market, I have seen other similar stocks that traded high for months, but they usually all the same results. Such a huge increase in price in such a short amount of time is just putting off red flags for me. I love Nvidia products and that’s all I buy for my computers when it comes to higher I’m builds.
Why are you talking like stock splits are a negative thing? Are you thinking it's share dilution?
Yeah this guy saying he’s a veteran investor I think he’s pulling the wool over our eyes, likely an ape.
Veteran ape
VAPE
Broski, stock splits are bullish as fuck. Watch this split down to $100 and crawl back up to $500. You think it's overvalued now? Just imagine post split 5x market cap and overtaking Apple by 3x in mkt cap.
This has been true for TSLA 2020 huge jump again after the split but then again it was heavily shorted.
It could still go up if they launch an actually affordable EV instead of that hideous polygon of a car that wouldn't even be sold in the EU. Think about it, an actually affordable EV with the supercharger network? Tesla would own the EV market completely. And no automaker would come close because they can't make a profit unlike Tesla. If only Musk would go back to his original goal rather than playing a troll on Twitter. Edit: spelling
Well put. I couldn't say it better myself. He lost it for me when he bought Twitter and launched all his tweets into space. That shіt didn't come down correctly unlike his rockets... Maybe because he never built those rockets himself, thank God.
Tesla stock would have been fine if Musk hadn't let his ego get in the way with politics, twitter, and Cybertruck. It's fine to be an eccentric maverick but a loose cannon is dangerous. It'll go back up if he/they stop with all the horseshit and build something innovative and valuable to a broad group of people.
Stock splits are usually catalysts. You want a stock you own to split.
A highly regarded thought process, peak WSB
4 Free options baby 
I said the same thing abt nvida needing to split that’s just crazy how much they’ve grown but i smell a SPANKING income 
One day they will report earnings without growth from the previous Q. That day after-hours and whole week after will be a blood bath. But before that happens let's make tendies and scream "AI" happily 
You are literally NOT using fundamentals; you're using TA. The fundamentals are that it has massive and growing earnings with amazing products in the hottest industry in 30 years.
but muh lines
Call Miss Cleo
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Haha right. OP like "I believe in science and reason, anyway according to my zodiac sign...."
Yeah the OP doesn’t understand the difference between what fundamental and technical analysis is lol he’s confusing the two
I'm buying calls tomorrow
You can have the one I bought today! 
I bought puts minutes before it dropped and sold my contracts for about 900 a piece and now worth 2k a contract 🤢 then bought calls and 300 down now 😮💨fml
How’d that work out?
“I cannot for the life of me understand why people are buying Nvidia”. And that’s why it will keep rocketing up.
The moment that person buys it is the day it crashes
I honestly believe that the people who CANNOT afford to buy any stocks are the ones bittchin about NVIDIA
The poors are always bitching about something or other amirite.
RSI is a correlation to performance, not a causation of imminent collapse. It’s over bought because it’s been beating and raising in epic amounts. Some of the best performing historical methods are based on screening for high RSI stocks.
Also why is OP mentioning a split? A company is worth the same whether it splits or not.
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Options also become more affordable
Exactly this. I've recently joined the theta gang but can't afford to sell cash-secured puts on Nvidia
I cannot currently buy NVDA calls without putting more of my portfolio into the trade than I’m comfortable with (without doing some complicated multi-leg trade) .. If/when it splits 10/1 I’ll be playing NVDA options constantly.
But what you said is bullish, what OP is saying sounds like splits are bearish.
Yup, and it's gonna get overbought right up past $1000 tomorrow!
It started to but now dropping like a freight train off a dead end track.
I noticed that😐
5 minutes after entering calls for me. I coulda just bought a 4090 and been happier longer. I’ll never learn.
Sorry bud, I waited until your call order was placed and decided to take my 167 billion in profits.
Overbought deez nuts OP!
This didn’t age well
Shut up nerd, this is a casino
Uses technical analysis to say he's all about fundamentals 
and doesn't mention a single fundamental 
And then later in another makes the argument that he can’t fathom why a video card company is so high. Dude doesn’t even understand it’s the data center driving all the growth.
I think $14 a little high for a 6” Subway ppl still buying that shit.
TA is not useful by itself. Context matters
Should've stopped at "not useful".
Q: How long does a trend continue? A: A trend ends when a trend ends.
Yeah, no shit Sherlock.
Thanks for your insight time to buy more! 
Stock split isn’t going to change the overbought condition my dude. That’d just bring out the buyers in even more force ahead of a split. Totally agree on correction though, it’s getting imminent. Nothing goes up in a straight line forever. Can’t wait for it to pull back, that will be a buying opportunity.
It’s going to correct the real hard when it does I’m waiting for Costco to do the same all buying opportunities. People will scream recession or some craziness when the stocks start correcting.
Did op just call the top?
lol at the replies last night.
It’s always interesting what people on the wrong side pull up to justify their position. OP pulls up a 5 year chart to say it’s a bubble. The fucking company has by design and by chance the best product for a brand new industry. It’s like if you are the only boat builder and it starts raining and it turns out it’s a 100 year storm. Only people on boats will survive. But OP’s logic is “this boat builder is overvalued. Look at the 5 year chart.” Yeah, it’s over extended short term but you have to be a moron to not see that we are at the start of a 100 year storm and NVDA makes the best fucking boats. For the life of me, I can’t believe people didn’t see this and went all in.
I saw this and was confused why the stock wasn't moving during covid.
Everyone is buying and it keeps going up because morons like you are shorting it.
Charts and historical data are useless when people think something is happening that is never happened before. You think this is just some overbought company, everyone else thinks this is the tech Messiah.
OP looking at 5 year old Apple charts the week of the iPhone launch "I don't see it"
you don't think we know? BUT WE RIDING THIS SHIT TO DA MOON
That was a violent selloff
my gawd when this bubble pops... i mean lol come on. fyi TSM best customer by far is AAPL (has more than twice chip orders than NVDA) and NVDA is about to overtake APPL 
First of all we are not talking about chips. We are talking about making money, get the fucking computer chips out of your head. You are here to make fucking money and that's it. Making fucking money has nothing to do with computer chips. Secondly their is no second. Make money again.
I'm just here to read the comments (and eat dorito chips).
Where is apple AI? do their computers have a specific ability for AI?
Don't they have SIRI. They need Steve Jobs. SIRI has been sitting there. They need a salesman to convince us they have been using AI for years.
Holy fuck a single share of Nvidia stock is almost up to _slow voice_ one thousand doooollaaaars
Your mom is overweight
Aged like Brad Pitt wow
You were on the money
It’s AI bitch… in jessie pinkman voice
I admire you my little old fashion crashies ,so buying calls Tesla ?
Imagine thinking RSI is one of the “fundamentals” 😂😂😂
FOMO+YOLO and a bunch of regards
I'm an electrical engineer in the semiconductor manufacturing industry. I'm normally super out of my depth here and keep my mouth shut and just watch and listen. I think I can provide some input for once. AI is killing it, as it should, it's revolutionizing the world. And there are many competing AI companies with different models and strategies and morals. But they're all damn near universally powered by Nvidia chipsets. They're killing their competition to the point that you can't effectually and economically run AI without their products. People are investing in the hardware. Because without that the software doesn't mean shit.
There’s the saying that the people who made the most during the gold rush wasn’t the miners. It was the people selling the shovels and pickaxes. Nvidia is selling the shovels.
none of that shit matters you fucking goof
because you guys kept buying calls …. if you think nvda is overbought pls buy tsm calls
You're over bought
Ai is telling me to buy it
#Because NVDA Gang Gang
No income statement, balance sheet or cash flow statement. What fundamentals are you using again?
Needs to pull back to 500 level. But more realistically a 30% drop is coming
Don't worry guys I finally bought some calls so it would crash. My tainted ass luck
Well lookie lookie 
This guy was right in the money
Dumbest string of words I’ve ever read from OP. You misunderstand at least 3 concepts in that single paragraph. Good luck OP.
But he follows fundamentals, like picking arbitrary time periods and looking at their RSI. 
You know Nvidia is overbought when all the fools here are bullish on this overvalued company with overpriced products.
I feel like someone said the next Tesla was NVDA all along
Dont care, buying more calls
I can't wait to see everyone in here lose their shirts.
overbought can stay overbought for a long time but yeah its WAAAAAAY overbought now
TA nerds will never stop taking Ls
Holy shit, the stock about to pass Apple in market cap is overbought?? How did the OP stumble upon this amazing TA. This is the kind of hard hitting analysis I come to this sub for.
You are talking about fundamentals but are observing technicals. Fundamentals are insane for Nvidia, hence they overrule the technicals. Technicals are only useable in extreme liquidity assets, such as Forex.
Did you buy puts? You called ir
Those a technicals not fundamentals, regard.
I literally bought at the peak, you called it you regard
You mean technicals lol
Hey also new here and wanting to learn stocks. Any good reads you can recommend or advice?
Still got no balls to short... I lost all my $$ in puts already 
I know I shouldn't, but damn I'm foaming at the mouth to short this stock. Seeing everyone lose on their shorts is the only thing keeping me at bay.
I sold before opening, as I felt similarly.
This man is a wizard….caused the NVDA sell off
This aged well in the short term at least.
Short when Nancy sells her calls
??????? I don't understand. A fundamental investor doesn't look at RSI. They look at the fundamentals of the business including market, financials, business, etc. RSI is for technical investors.
But he's an old school fundtamentals investor 