I think NVDA is a mega bubble.
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And in the style of a mega bubble, I suspect once the real high is made we're going to see ti drop all the way to under the start of the parabolic run.
This is extremely common in big bubble moves.
Here's an example in CVNA.
I often find these moves come in at around 80 - 90% drawdown. So there'd still be room to see NVDA higher than it currently is inside of this.
I've got no short positions on this at the moment. But I'll take a pop when I think the time is right.
This is extremely common in big bubble moves.
Here's an example in CVNA.
I often find these moves come in at around 80 - 90% drawdown. So there'd still be room to see NVDA higher than it currently is inside of this.
I've got no short positions on this at the moment. But I'll take a pop when I think the time is right.
Nota
Scaled up short positions in NVDA 810 - 815. 780 I think is the required break level.
Nota
800 zone short was not a good idea. Should have just waited.
Significantly close to 1,000 now though.
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