NVIDIAShort
Trading Idea - #NVIDIA - needs correction
Updated
#NVIDIA SHORT in the mid-term!
ENTRY: 295.60 USD
TARGET: 236.77 USD (+ 20% profit)
STOP: 317.40 USD
NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, Graphics and Compute + Networking.
1. Chip maker Nvidia (NVDA) caused euphoria with its announcement that it is developing technology for Metaverse applications. Nvidia shares soared on Thursday after a positive report from a Wall Street analyst. It hit a record high on Friday before falling back.
2. The big problem that I have with NVIDIA is that CEO and president Mr. HUANG JEN HSUN is constantly selling huge amounts of NVIDIA shares this year! Some of the 2021 major share sales:
September sale value: 47 millions
August sale value: 84 millions
March sale value: 35 millions
January sale value: 110 millions
3. In the long-term this looks definitely as a good investment because the upward trend is fully intact.
ENTRY: 295.60 USD
TARGET: 236.77 USD (+ 20% profit)
STOP: 317.40 USD
NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, Graphics and Compute + Networking.
1. Chip maker Nvidia (NVDA) caused euphoria with its announcement that it is developing technology for Metaverse applications. Nvidia shares soared on Thursday after a positive report from a Wall Street analyst. It hit a record high on Friday before falling back.
2. The big problem that I have with NVIDIA is that CEO and president Mr. HUANG JEN HSUN is constantly selling huge amounts of NVIDIA shares this year! Some of the 2021 major share sales:
September sale value: 47 millions
August sale value: 84 millions
March sale value: 35 millions
January sale value: 110 millions
3. In the long-term this looks definitely as a good investment because the upward trend is fully intact.
Trade closed: stop reached
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