Rod_85

its going one way or the other big

NASDAQ:NVDA   NVIDIA Corporation
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3
an options strangle could work well here.
As tech seems to be taking a cool down right now, this could drop quite a bit, but it doesnt have to as we all know.
The trend for 20 years is up and for short/medium term bets, its been even longer than that
Comment: If she drops, I'm looking at $433 as my first supporting target
Comment: Time scale on this is 4-6 weeks.
If she goes up, I'm looking at the recent highs of $590.
Comment: instead of taking a strangle, the other option is to wait for a break out and confirmation to then go directional
Comment: This is just hanging on, like a lot of the market. I am now bearish on this short/medium term
Comment: Has broken to the upside. It's looking good now 😆

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