Nvidia

31 lug 2023

there is no point to try to short the very top of the trend there is no way in ( to know when that will happen rsi and indicators were well oversold at 300 the stock is at 467 now and bears still trying to time the top. The earning can miss or beat estimate and the stock will still go up non stop because it’s on a bull trend . once everything changes to bearish even if they beat earnings the price will go down. stock is making higher highs and higher lows. I might take a short position once it loses 440. It’s crazy how this market is behaving rising interest rates sends the stock market even higher every time. I wonder what will happen when they finish rising rates maybe that would be the sell signal … not an advise