Nvidia FINALLY breaks ALL TIME HIGH! BUT.....
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
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Good analysis. Can use options to hedge tho? Just buying puts