Today the stock tried again to get a new top - successfully. But the top has been sold immediately! This week we have seen 3 windows. All of them are still open.
This jumping from window to window shows an overaware market, perhaps artificial(AI!) pumping.
The sale of the recent top is confirming my view.
I am selling.
This jumping from window to window shows an overaware market, perhaps artificial(AI!) pumping.
The sale of the recent top is confirming my view.
I am selling.
Trade active
Just to tell, I have hedged this position today. But I am leaving it active and will the hedge take out or close the positon soon. It seems not to be wise to keep the position unhedged ahead of the figures tomorrow.Note
I am closing the hedge and take some substantial loss now but I remain short on NVIDIA. We are struggling to reach the February high again. Thus I suppose that the rule of the bears will take over soon.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.