ilmscore | Prediction Details
"I'm very excited to follow up tomorrow to see if my trade plan goes uh according to plan when it comes down to this Nidia short that I viewed to be a little bit more on the overbought side and if we look at this on the 1 hour we're testing overbought levels NASDAQ Market is also beginning to slow down which for me when I see that it's beginning to slow down and showing signs of of a little bit more of a bearish pattern that kind of excites me because NASDAQ Market is selling off but Nvidia is trying to hold on by a hair and and as long as the NASDAQ Market continues to sell off Nvidia will most likely follow which means there's pullback potential and please remember just because I take this trade does not mean that you need to but this trade would offer me about 4 to 5% of potential downside profit because when when it comes down to shorting you make money as the stock sells off"
By Ricky Gutierrez | October 17, 2024 | Pending
From video
3 Stocks That Just SHOCKED The Market With Earnings 00:04:02 - 00:04:47
Interpreted Prediction
Nvidia is overbought and will most likely experience a pullback, offering 4-5% potential downside profit for a short position by tomorrow (October 18, 2024), as the NASDAQ market slows down.

Prediction Details

Ticker
NVDA
Initial Price
136.93 USD

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