NVDA Short (2024.02.20) Current price : 727.10
It shows that technical indicators are very overheated
Although there has been some adjustment, it is very likely that it will go down further.
Since there will be an earnings announcement soon, we need to be cautious of volatility and respond accordingly. But the overall direction is more likely to be down than up. If prices rise sharply after the earnings announcement, we must respond with additional selling. If the stock falls sharply after the earnings announcement, it would be a good idea to respond by closing it.
It is worth aiming for a profit of at least 2%
It shows that technical indicators are very overheated
Although there has been some adjustment, it is very likely that it will go down further.
Since there will be an earnings announcement soon, we need to be cautious of volatility and respond accordingly. But the overall direction is more likely to be down than up. If prices rise sharply after the earnings announcement, we must respond with additional selling. If the stock falls sharply after the earnings announcement, it would be a good idea to respond by closing it.
It is worth aiming for a profit of at least 2%
Comment:
Re-entered short 753.60
Comment:
Re-entered short was closed(minus 1~%) at ~ 761.
It looks good to re-enter the current price (717 range). There is a high possibility that it will re-enter when the market opens tomorrow. The market opens tomorrow and let’s see the price trend.