Nice to meet you. SEOVERIGN - This is SeoVerign.
ETF that follows NVIDIA by -1.25X.
Upload a new idea in conjunction with the idea that NVIDIA expected to fall.
Complimenting the possible topping pattern in NVDA, NVDS is now at major supports.
As a general rule of thumb when a 1.61 of the last upswing breaks the 2.20 zone is a good target. It can go a bit further but this is where the trade becomes more risky.
In times the 2.20 acts as support the 1.61 is retested and often the 1.27 spiked out.
Note, this happens a...
NVDS is a bear ETF that goes opposite of NVDA.
In a sideways channel range, while NVDA is very extended. This would be a great way to hedge a portfolio against a pullback in relative strenght.
NVDS inverse head and shoulders / NVDA head and shoulders. Frothy nonsense with AI / seasonality / short squeeze / blah blah blah. Short the tech ponzi and long the inverse. Trade of the quarter. Only need 1 good one. Tight stop. Take time on options.
Under normal market circumstances, the adviser will maintain at least 80% exposure to financial instruments that provide one and a quarter times inverse leveraged exposure to the daily performance of NVDA. The fund is an actively-managed ETF that seeks to achieve on a daily basis, before fees and expenses, -125% performance of NVDA for a single day, not for any...
