In this video, we discuss$NVIDIA (NVDA.US)$recent breakout to its all-time high. While the breakout seems legitimate, I explain why we should approach it cautiously.
Drawing from my experience in trading high-profile stocks, such as Meta, I share why the first breakout attempt often fails and what signs to look for in future price movements.
Additionally, I introduce potential strategies to hedge against a false breakout using short DLCs. ($NVDA 3xShortSG261006 (NVDW.SG)$)
Be sure to watch till the end for key insights and subscribe for more updates on Nvidia and stock trading!
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