Nvidia FINALLY breaks ALL TIME HIGH! BUT.....

Binni Ong
10-23

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. ( $NVDA 3xShortSG261006(NVDW.SI)$ )

Follow me for fresh ideas. :)
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. 

Nvidia Dips Post-Earnings: At What Price Will You Add?
Nvidia drop 2% despite exceeding expectations for the third quarter and providing strong guidance. Nvidia posted 81 cents in adjusted earnings per share and $35.08 billion in revenue. Analysts surveyed by LSEG were expecting 75 cents in earnings per share and $33.16 billion in revenue. ----------------- What's your target price for Nvidia? Head to $130 or $140 this week?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Chesterton
    10-23
    Chesterton

    Good analysis. Can use options to hedge tho? Just buying puts

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