New addition NBIS
TA Wise: We see a trend line forming alongside a very bumpy ride. Stochastic RSI has reset and BBWP remains elevated. A strong pullback to the golden pocket has occurred with a huge bounce as buyers stepped in to maintain the trend.
This stock has garnered attention lately with the NVDA partnership. A great think was the GAP that was created on the china Fud. This currently cash flowing company is diverse. Their largest revenue comes from cloud as a service which requires expensive GPUs. These GPUs will become commoditized over time, the market has not priced this in. They have over 2 billion in cash, and have a plan to utilize and grow their partnership with NVDA. This company also dabbles in robotics, education, and taxis.
My plan is to replace TSLL with this stock, bother are risky. I will begin wheeling this one since the IV is so high (thanks volatile market).
I will sell close to ATM puts to start a position as well as buy shares.
This stock has garnered attention lately with the NVDA partnership. A great think was the GAP that was created on the china Fud. This currently cash flowing company is diverse. Their largest revenue comes from cloud as a service which requires expensive GPUs. These GPUs will become commoditized over time, the market has not priced this in. They have over 2 billion in cash, and have a plan to utilize and grow their partnership with NVDA. This company also dabbles in robotics, education, and taxis.
My plan is to replace TSLL with this stock, bother are risky. I will begin wheeling this one since the IV is so high (thanks volatile market).
I will sell close to ATM puts to start a position as well as buy shares.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.