$NVDA short opportunity coming - trying to have ideal timing
Made a fortune on NVDA's rise - time to ride the wave back down. Thinking the weekly on NVDA is looking rather bearish. Oscillators are moving down with momentum, and a short opportunity is nearing on the smaller TFs. I like how much higher the beta is 1.9, with my leverage positions I can squeeze out more in a short than strictly an SPX play! While the volume is high enough I can still have option liquidity. Nothing like being up big in CGC but not having anyone on the other side to take the trade!
Let me know what you think! I think the econ macro environment will be weighing heavily on tech in general, and last time around (Nov-Dec) the sky was falling for this company because of the trade war implications...
Idk let me know what you think.. I'm sure some of you Bit & ShibaCoin fans follow it closely as well :P
Let me know what you think! I think the econ macro environment will be weighing heavily on tech in general, and last time around (Nov-Dec) the sky was falling for this company because of the trade war implications...
Idk let me know what you think.. I'm sure some of you Bit & ShibaCoin fans follow it closely as well :P
Trade closed: target reached
A 6% drop in one day.. not a bad call!! If I didn't know better I'd say there is a method to the madness. :)
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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.