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....
Hey traders! Today, I want to share my analysis on why I believe shorting NVDA could be a compelling opportunity.
1. Price at Upper Extreme: NVDA's price is currently at an upper extreme, indicated by the U-MLH of the Pitchfork. This suggests a potential reversal or correction.
2. Overhyped by AI News: NVDA may be overhyped by AI-related news, leading to...
