SHORT NVIDIA TO THE GROUND!Huge position trade available soon, I do not know exactly where, I will probably miss it.
When the crypto ponzi goes down and mining is not profitable anymore (soon) the NVIDIA bubble will go down with it.
That crazy rise is going to be over. This is too much.
Oh and the major MONTHLY bearish divergence is not in favor of the bulls.
Riiiip.
Zooming in might help finding the top with decent precision.
(This is in the long term - several months, not saying it goes down tomorrow)
Techstock
Twitter stock is overbought, pullback might be expectedTwitter RSI within the 80 level, stock is way overbought. Might pullback in the short term, so it would not be bad idea to take some profits if your long. In the long term this stock is not done going up. Still remains an attractive stock. Buy the dips.
Over the long run snapchat price is heading to 10 dollarI believe snapchat will not be capable of making enough profit to turn the tide and the stock will keep declining further to the 10 dollar region. It's hard to monetize a platform as snapchat, snap users are mostly teens. Advertisers choose instagram instead of snapchat. I don't want to look to far into the future but it's not unthinkable that snapchat will eventually go to zero dollar. Think about what happend to myspace. Social media is a hard sector to compete. I didn't like the company since IPO to be honest.