This is my favorite short right now . If the market breaks down below November lows ( especially a monthly close ) , I will 100% short NVDA . When winners like NVDA break down with the support of a falling market . They can fall far .
As of close of last months candle we now have a green line top too . So no longs for me unless we make it above that upper green. We also have a monthly sell signal from close of Jan and a weak rally attempt for month of Feb . This looks very vulnerable if market does cross into bear territory.
We also have an eps report news failure , I find that these are often a good sign to get out ....
The price and reaction is all that matters when we see this , not the actual earnings themselves . It has all the pre-requisites of a 10/10 short in the works .
As of close of last months candle we now have a green line top too . So no longs for me unless we make it above that upper green. We also have a monthly sell signal from close of Jan and a weak rally attempt for month of Feb . This looks very vulnerable if market does cross into bear territory.
We also have an eps report news failure , I find that these are often a good sign to get out ....
The price and reaction is all that matters when we see this , not the actual earnings themselves . It has all the pre-requisites of a 10/10 short in the works .
艾力克~
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艾力克~
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.