NVIDIA Stock’s Unsustainable Rally

Shares of NVIDIA Corp (NVDA) have rallied around 45% off their February lows and increasingly look to be putting in an exhaustive move to the upside. While there is no confirmed sell or shorting signal just yet in the stock, the options market may allow traders to take an initial stab at a bearish near to medium-term bet in the stock.

Serge Berger
President/Founder
TheSteadyTrader.com

Submit a Comment

Your email address will not be published.

Get Our Free Daily Trading Videos

Delivered To your Inbox

By submitting your information you agree to our Terms of Service and our Privacy Policy