NVIDIA
看空

Nvidia $NVDA to $97-$102 by August 16th - PUT$!

436
Nvidia NVDA, the A.I. Behemoth, and darling of the 2024 hype-cycle... POP!

With this -6% fall, NVDA has broken below that line of short term support. In my mind, this break has just solidified the 2nd WAVE to the downside.

I believe we'll experience some support around NVDA's 50-day moving average (-2.7%), but I stand behind my thesis that Nvidia stock falls to $102 by mid-august. It may even fall as low as $97 in order to re-test those prior March-April ceilings as new floors.

Always remember... You can fall A LOT faster than you can climb.

Our 8/16 $110 NVDA puts over at WAVE$ Capital are up +95% at the time of writing, and I think that they're just getting warmed up.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。