Betting against NVDA at this stage, certainly just because of how a candle looks, doesn't seems like the smart thing to do. How much shares are you short?
Sure, but the question is when and what? The markets can stay irrational for longer than you can stay solvent. Taking a candlestick as a reason to short doesn't seem like the smartest move, in my opinion, especially in a stock that has been going up and up like NVDA.
AAPL net margin 26% NVDA net margin 56% Yes something gotta give, and seems in the process of doing it. NVDA passing AAPL like it is standing still
margin for now, nvda's ai gpu flying off the shell but what about the retail 4090. tsm can only make so many chips per month.
Maybe you predict the future. I can't. The numbers, currently, are the numbers. Volume numbers and percentages IMO say we are not at a top yet:- Time for the weekend.