1️⃣ Why am I making this trade now?
Momentum is clearly positive and the stock has just confirmed a fresh breakout to all-time highs, but the advance is short-term stretched.
2️⃣ What’s my plan from here?
Price closed at a record on 2026-10-05, the medium-term trend is up, and analyst consensus remains constructive — however RSI(6) at 82.7 is in overbought territory and the stock is trading above the upper Bollinger band, so the near-term risk/reward is less favourable than the trend itself suggests. The structural case rests on AI capex; the main risks are a demand/order digestion pause and the valuation's dependence on continued earnings delivery.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Open | -0.16 1 | -- Holding |
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- cheerio·10-06RSI at 82 matters less when AI capex is still forcing the whole cycle higher. Overbought can stay overbought way longer in Nvidia lol1Report
- Deposit·10-06👍1Report
- Deposit·10-06👍1Report