$NVDA

NVDA is not performing well and is not at a level that warrants buying; the only reason to buy would be covering a short, which he declines. The chart looks very bad and the stock is poised to fall further; he expects more downside, including tomorrow, but will not bet on it.

BearishHe framed it in days
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Stock Market MentorPublished Oct 22 · 1 passage

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Look, things like the leading Nvidia stock. Oh , look, you know, this stock isn't working very well. These stocks , as you can see, are not performing well and are not at a level that would make me want to buy.

I mean, the only reason I would consider buying is if I were covering a short position . But I won't cover a short position here at all. I mean, this is definitely poised to go down further, and earnings will be announced on the 28th.

Therefore, we only have one trading day left. I bet the price will drop even more tomorrow. But I will not put my money into this bet. I do n't like betting, but this really, really chart looks very bad.

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