This video discusses $NVIDIA Corp(NVDA)$ recent breakout to its all-time high.
While the breakout seems legitimate, I explain why we should approach it cautiously. Drawing from my experience in trading high-profile stocks, such as $Meta Platforms, Inc.(META)$ , I share why the first breakout attempt often fails and what signs to look for in future price movements.
Additionally, I introduce potential strategies to hedge against a false breakout using short DLCs. ( $NVDA 3xShortSG261006(NVDW.SI)$ )
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For more information about DLCs, visit https://dlc.socgen.com/en/education/handbook
Disclaimer:
This document is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. This document has been published for general circulation only.
Comments
Good analysis. Can use options to hedge tho? Just buying puts