The Nvidia (NVDA) fire is finally starting to cool down. Some (myself included) may even say that these are the early signs of the "bubble" beginning to "pop".
I don't doubt the fact that Nvidia is an amazing company, and that they're providing the "picks and shovels" for the next wave of the technological revolution. What I do doubt is the valuation that
NVDA stock has gotten to, and the pure un-sustainability of its parabolic chart.
Also, When you see the CEO of a company signing boobs (this was like a week ago), then it's probably a good sign that things have gotten a little too inflated.
In my mind, this is a very easy short, and know that my money is where my mouth is.
I'm calling for a -25% pullback (from current levels) over the next few weeks. It may happen faster.
Always remember: "You can fall a lot faster than you can climb".
I don't doubt the fact that Nvidia is an amazing company, and that they're providing the "picks and shovels" for the next wave of the technological revolution. What I do doubt is the valuation that
NVDA stock has gotten to, and the pure un-sustainability of its parabolic chart. Also, When you see the CEO of a company signing boobs (this was like a week ago), then it's probably a good sign that things have gotten a little too inflated.
In my mind, this is a very easy short, and know that my money is where my mouth is.
I'm calling for a -25% pullback (from current levels) over the next few weeks. It may happen faster.
Always remember: "You can fall a lot faster than you can climb".
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.