NVIDIAShort
SHORT NVDA! Double-Top against SPY
The risk-to-reward is there
Short NVDA / Long SPY
The trade is simple...It's invalidated at some point higher than the double top AND higher than all the liquidity created by stop-losses.
Target the large gap but manage the trade along the way.
Keep the stops WIDE. There will be PLENTY of people trying to Buy-the-Dip and hoping to re-create the massive run up.
Short NVDA / Long SPY
The trade is simple...It's invalidated at some point higher than the double top AND higher than all the liquidity created by stop-losses.
Target the large gap but manage the trade along the way.
Keep the stops WIDE. There will be PLENTY of people trying to Buy-the-Dip and hoping to re-create the massive run up.
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