Closed at 52-wk high. Took advantage of the pricing action today by buying DEC 30 116 calls for $2.10 and selling to close at $2.63.
NVDA Seen this happen time and time again, it doesn't end anywhere near where you thought, buckle up it goes much higher, esp at xmas
Is NVIDIA Going Back To $90? Citron Thinks So: https://www.benzinga.com/analyst-ra...9/is-nvidia-going-back-to-90-citron-thinks-so NVDA reached a new 52-wk high at $119.60 this early morning but gave it all back. Now it is trying to make a recovery from the low.
Im impressed that Citron has evolved itself into the form it has now. For those of you that were around a few years back, Citron used to be called StockLemon.com and they used to short penny stocks. They picked up their game and now play in the big leagues!
I am neither a buyer or seller of NVDA. I will say the the price was a little toppy but Citron boarders on the edge of illegal trading. It is a shame the SEC turns it's head to such activity. I glad to see they had to cover and NVDA adding to the bounce in AH.
Now the price more volatile than many could handle but recent bearish engulfing was strong though was invalidated today but still 100
Down over 6% today. A decent buying opportunity should present itself soon IMO. See the white support line below.
Short squeeze coming? NVDA is supposed to announce some big news at CES according to what I heard on CNBC. They are scheduled after the bell tomorrow. NVIDIA at CES 2017 http://www.nvidia.com/object/ces-2017.html
I think I might close my position before then. I had a spread that was at a full lose not too long ago. Now it's only a small loser.
I currently have no position, but traders should worry about the rocky next month. Long term investors/bulls won't have a problem.
Nvidia Corporation Upstages Intel, NVDA Stock Could Top $110 Profit-taking was all but assured. Now, NVDA stock is set up for a rebound as CES gets underway.
