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EXITED NVIDIA (NVDA) WITH PROFIT ON INTEL (INTC) RUMORS

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As per the prior post, our first tight trailing stop hit on NVIDIA (NVDA) at 22.52. The stop on the remaining position hit at $23.02. Now we have successfully exited our short on NVIDIA with profit.

Rumor of Intel (INTC) buying NVIDIA makes no sense as Intel already has a license to NVIDA’s graphics intellectual property.We will use technicals to establish a short position again

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See also  PERFECTION IN MARKET CALLS — NIGAM ARORA EXPLAINS THE STRATEGY AND NAMES STOCKS TO BUY

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