$NVDA puts

25 Feb

Clear bearish divergence on the monthly timeframe.

I expect this correction to be much deeper than the previous two which are shown.

I will be watching the monthly close next week for confirmation.

19 Apr

Catatan

Update: I'm not sure if it shows it on this post but the monthly RSI has rolled over in perfect coordination with the trendline I had drawn up. Big red weekly candle with selling pressure all the way up to the close today on 4/19.

My NVDA puts are in some profit now, but I have much lower targets for this chart and will not be selling my position until we see a more significant move down. However, this is exactly the confirmation I was looking for.