Maybe a bounce but clear support for a trade
... for a 1.09 credit. (High IVR/High IV). Metrics: Probability of Profit: 68% Max Profit: $109/contract Max Loss: $392/contract Notes: Will look to manage at 50% max.
A break here and NVDA should reach the 97.79-99.86 target area as an ABC pattern
Nvidia has gone too far too fast. My background is in computer engineering and works for a company that does machine learning and AI. The current valuation is definitely, in my opinion, very extended. If NVDA's earning growth does not keep pace of the growth in market cap OR if the general NASDAQ becomes weak, this stock can be very vulnerable going into end of Q1...
Over that and who knows where it will run
NVDA is well overbought. Short it when it rallies, and cover the short at $100
see chart. Just an observation, with low volume, wait and see what happens jan 3rd.
Except for $NVDA short and $RVLT long. You can see how these fared against $SPY this year. I'm anticipating a breakdown in $NVDA, and maybe some kind of correction in $SPY, which would give us a lot of great opportunities next year, so, for now, I take my modest profits in equities home for the year and let these two running. I'm in BTCCNY, RVLT, NVDA short,...
Visual representation where $NVDA holds against same sector stocks $INTC, $AMD, $QCOM & against $AAPL, $MSFT
NASDAQ:NVDA going down today! Until 105 resistance line? Let's see.
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Needs to finish above Tuesday's low of 111.22
We have NVIDIA broken resistances and making ATH everytime, but I'm just wondering how much time will hold this price action. Drawing this curvature we can see rally about to finish as an stock cant just go vertical for ever. Regards. NOTE: Every NVIDIA weekly fall is from -30% to -50%
I dont trust all this NVDA hype, company of the year-- bubble in the making
I'm looking to short $NVDA here, but need further confirmation of the top. If we get a smaller range day today, and we see a new daily low after that, or if we get a new daily low right away tomorrow, I'll short a half position then, risking $10.86 per share. I'll start building a position after tomorrow's close if the range is smaller than today's, and spread the...
NVDA has had a massive up move today on good volume - you have to respect the move. But here once more we see a sell coming in on good volume also. Will we see another sell down to 89 area? Time will certainly tell but I have to believe this is coming down!