Short

NVDA ER: Back under $400

By Macks_MoneyTree

Updated

Huge amount of buy side liquidity flooded into the market today. I think it has to go somewhere and being as we're revisiting the .78 level on our fibs, I really like downside here. AMD also formed equal highs earlier today (not shown) which makes me think there's a short opportunity tomorrow or Wednesday into the remainder of the week. Chips should be very interesting.

Note

Idea invalidated next day with us breaking the high in pre-market, throwing this idea out.

Macks_MoneyTree

Money really does grow on trees.

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