NVIDIAשורט
NVDA Short
Counter Trend Trade on NVDA. I went light with only one contract, as counter-trend trades are harder to nail. I am expecting the stock to take a breather and back test previous high. Looks like a 4 to 1 Risk to Reward ratio.
Thesis
RSI is overextended past 70
Noticeable Negative Divergence on the building between price action and RSI.
Large cap stock is up 320% in 8 months.
Buy Volume is decreasing.
VIX at rock bottom support.
A large gap that will eventually fill.
Thesis
RSI is overextended past 70
Noticeable Negative Divergence on the building between price action and RSI.
Large cap stock is up 320% in 8 months.
Buy Volume is decreasing.
VIX at rock bottom support.
A large gap that will eventually fill.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.