Short

NVDA Video Update Correction vs Reversal

Updated

Learn how to read price!
Learn where the key areas are
Learn good risk reward
Take notes on how FOMO and Euphoria behave, feel, and trade like
Learn what tight tight tight looks and behaves like both up and down
Learn the difference between CORRECTION and REVERSAL!
Shorting is for the elite of elite Navy Seal Snipers!

Note

NVDA Down over -4% $694.

I hope people viewed my video and took profits bc thr risk reward is not there.

Magic! ;)

Note

After all that $786. Take all the risk alinh with -6% draw down to only make 6% gain. 🤦‍♂️

Pikers get so excited when price moves rapidly even though there is now real reward but with all the risk that went with it.

Pikers love betting and guessing what a news event will be. That is why they are never successful over the long term. If their guess is right they will hold it until the position is at a loss. If they avoided the risk by selling once they see the move they will jump right back in until that position is at loss. 🤣

Then they cry how nothing is fair for them. SIGH!!!

Note

Highest market capitalization

🇺🇸 Microsoft: $3.04 trillion
🇺🇸 Apple: $2.81 trillion
🇸🇦 Saudi Aramco: $2.06 trillion
🇺🇸 NVIDIA: $1.97 trillion
🇺🇸 Amazon: $1.81 trillion
🇺🇸 Alphabet: $1.79 trillion

BUY BUY BUY!!! 🤦‍♂️

Note

As mentioned before. All that risk-taking for a 6% gain? Really???

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NVDA is having difficulties sustaining the rate of climb. The recent moves up should not make you very excited as it is required to maintain the "tight tight tight" structure. There is already a "crack" warning in place.

I repeat what I said in the video. Trying to squeeze out every penny out of the trade is not advisable.

Note

Charts don't lie. No one should be surprised by the move today.

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After the first warning sign (CRACK) a 2nd one is now in the making. Only this time it may not be as nice as the first time.

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2 Cracks as expected and now starting to form an M pattern.
Remember in the video I told you don't try to squeeze every penny
out of this trade? Don't be a dick for tick? Is it starting to make sense
why I said that? ;)

Note

$818 down -5% plus today. Like I said in the video DONT BE A DICK FOR A TICK trying to squeeze every penny of profit and get massacred for that 1 more tick. It ain't worth it

Make sense now?

RealMacro

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NVDA From Erections Come Corrections

by RealMacro

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