In the prior post we made a case for short selling Nvidia based on fundamental analysis. We suggested scaling in short sales on up spikes. We have scaled in 5% of the full position from $20.62. Our tentative next entry points on Nvidia are $21.10 and $21.55. Readers are reminded that the next resistance is 2008 high, just over $21.00. If a short squeeze appears to be occurring, we will not enter around $21.00 but wait at least until $21.50.
Twitter
LinkedIn
Facebook
Subscribe to 'Generate Wealth'
Free Forever
More To Explore
30 Day Free Trial
Cancel within 30 days and you owe nothing
When you take a FREE 30 day trial, you get access to powerful techniques used by billionaires and hedge funds to grow richer. You can continue to use these powerful techniques to grow richer even if you cancel your subscription. You come out ahead by subscribing no matter how you look at it.
