NVDA - time to go short?

traderdani · Oct 30, 2006

Double top, RSI(7) not making new highs for a while now, volume going down slowly....
Go short, or wait until there is a breakout below 31.3 or above 34.5 to decide the direction?
Or do you clearly see it going up more?
Thanks

HolyGrail · Oct 30, 2006

I still see this stock in a pretty strong uptrend. I can see it hitting 39-40 range. I wouldn't short it, but that's just me.

UnFoRGiVeN · Oct 30, 2006

I would short NVDIA along with THQI.

bearwatch · Nov 5, 2006

Wouldn't short here, it's near support and with all-time high, means no resistance above, anything goes. Although near-term target is 36.5.

<a href=http://torero.vecino.com/modules/newbb/viewtopic.php?topic_id=28&post_id=40&order=0&viewmode=flat&pid=0&forum=2#forumpost40><img src=http://torero.vecino.com/trading-charts/stocks-equities/newbie-trader-NVDA-daily-all-time-high-at-support.png></a>

Banjo · Nov 5, 2006

What happens if you're short into earnings and they beat with strong guidance?
http://www.earnings.com/highlight.asp?month=20061105&day=20061009&date=20061109&client=cb

NVDA - time to go short?

traderdani

HolyGrail

UnFoRGiVeN

bearwatch

Banjo