georgethefirst

Nvidia correction

Short
georgethefirst Updated   
BATS:NVDA   NVIDIA
After a big rally in price stock i think that the company is overvalued in this moment in my opinion.

After so a good start in the stocks the companies starts to sell stocks to mark some big profits.
Many companies have declared that they intend to make the stocks more accessible for retail investors.

Today i short the stock.
First TP 770
Second TP 740
Third TP 700




Comment:
Today 11:00 the first TP at 770 was hit. At US open the price i expect to go more down today. The investors will reload the shorts position after the down moves from this week. Big Up!
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