Time to book some AI stock profits, I have exited ARM and today I am taking profits on Nvidia. We entered at the golden pocket, up over 88% since the recent lows. I am now scaling out of my position, starting with 50% of my total. I will use a trailing stop loss for the rest.
We have hit a 4 trillion dollar market cap, more than the entire UK stock market combined. Am I bearish on Nvidia? Of course not, but the market is getting greedy and I like to book profits.
I love the company, but I expect huge volatility going forward.
Not financial advice, do what's best for you.
We have hit a 4 trillion dollar market cap, more than the entire UK stock market combined. Am I bearish on Nvidia? Of course not, but the market is getting greedy and I like to book profits.
I love the company, but I expect huge volatility going forward.
Not financial advice, do what's best for you.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.