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Thursday, August 24, 2023

A heart broken day!

 

l thought it would be my heart broken day but it turns out it's a happy day for me πŸ˜‡πŸ€—

Instead it must be a heart broken day for many, likely tens of millions of FOMOs who are chasing the AI darling, NVDA! See the chart below for today's price action for NVDA.
A 30+ points opening gain was quickly evaporated throughout the day ! Ouch!! I definitely feel the knife-cutting pain for those who bought last night post-earnings (for them it's even worse as NVDA jumped 50+ at the peak) or early this morning.

 

For myself I shorted it yesterday afternoon.

 

And I doubled down this morning. Cannot be happier for my boldness πŸ˜‡   

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