NVDA Support Test
NVDA broke below its ascending wedge and has a bearish look along with many other tech stocks for once today. I think this is a critical spot for NVDA, I'd say we should expect a bounce for now, but if it doesn't it'll likely lead to an even bigger move down, maybe all the way back to where this wedge started.
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
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