Nvidia Corp (NVDA) reports earnings today after the close. The stock is up over 100% off the 2019 lows but yet to reach its all-time highs of $295.00. This $295.00 level represents a stock chart double top and could be a great shorting opportunity if Nvidia Corp jumps higher on earnings today. I am focusing on the $300.00 level to short Nvidia Corp. This would be a classic stock chart double top and even number hit. In addition, with every technical metric overbought, it alerts investors and traders to a high reward opportunity. Again, note that this is only when the stock hits double top and breaks $300.00.
Verified trades, exact entry/exits alerts, 95% success rate in 2020. Join Verified Investing Alerts. Members are banking $1000s in profits every week. Master Trader Gareth Soloway has been swing trading and day trading for 25+ years. Ask any member, they will tell you he has helped them buy boats, houses, cars and live the dream. Read reviews HERE. Join today and profit for life!