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NVDA
I was very cautious when the market pumped after hours at the last NVDA earnings and wanted to see how the next day played out.
My thesis was, if we lost the gains, NVDA is in for an extended correction that many would argue is overdue
Wouldn't be surprised to see a drawdown to the 50 fib as a minimum
I had opened a hedge short near the highs as I ws uncertain and i dropped my long position the day afer the last earnings
I would be happy to start DCA at 50% FIB down