SHORT NVIDIA!!🔴 SHORT NVIDIA!!
Well yes, you got me... this is such a clickbait title, isn't it?
But NASDAQ:NVDA has shown, for the first time in several months, a short opportunity that bears should not ignore.
The bull trend that we have since September has been broken and we are not retesting the trend.
It's a great moment to sell with:
🔴 50% short with:
-> stop loss at just 2% over the blue trendline.
-> 3% take profits over the red dotted trendline.
This first 50% should give you in a few days a 3% return.
🔴 The other 50% short with:
-> stop loss at just 2% over the blue trendline.
-> 10% take profits over the red dotted trendline.
This combination allows you to risk just a 2% while giving you the chance to lock in a risk-free trade very soon and maintaining the other 50% for a longer term short.
🟢 What if I'm a NVILIVER?
If you believe in NASDAQ:NVDA you could buy more stock over the red line, hopping that the support works and new highs are reached, but right now it's better to stay neutral if you are bullish in my opinion.
