$Tradr 2X Short NBIS Daily ETF(NBIZ)$ $NEBIUS(NBIS)$ NBIS was up a whopping +40% in 5 days. It was riding high on momentum and close to All time High.
NBIS took many months to get to such a high price. When bad news hit and stock price drop sharply, investors will rush in to sell n secure profit. That is why we should not chase highs, will end up as bagholders, holding a stock that we believe in but at a loss for more months. Since NBIS announce all the partnership, now perhaps should choose $IREN Ltd(IREN)$ for the next pump up.
The risk reward to short it was perfect. I have closed off my shorts for a great return in 1 day.
Modify on 2026-03-17 22:04
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