Is NVDD a Good ETF to use to Short Nvidia (NVDA)? | Quick Take
Welcome to our [Is NVDD a Good ETF to use to Short Nvidia (NVDA)? | Quick Take] video 🎥 discussing the Direxion Short ETF on Nvidia. In today’s research segment, we will be taking a closer look at the risk and reward profile for this trade. As mentioned, we have added the Nvidia short from Direxion to our research tab so you can easily access it.
Now, while we believe this is a good risk-reward opportunity, we want to emphasize that shorting Nvidia may be considered a risky move. The company’s chips are in high demand for AI projects and data centers, leading to continuous upward momentum in their stock price.
However, we have seen significant corrections in the past, followed by quick bounces in price when positive news hits. This provides potential short-term trading opportunities, especially for traders who utilize tools like NVDD, NVDL, and NVDS.
So, whether you’re a short-term or long-term trader, we hope this [Is NVDD a Good ETF to use to Short Nvidia (NVDA)? | Quick Take] video 🎥 provides valuable insights into shorting Nvidia. Remember to always carefully consider your risk and make informed decisions. Thank you for watching, and don’t forget to subscribe to our channel for more market updates and trading strategies.
🔴 Please also Join us in the BeachBum Trading Community by Subscribing to the BeachBum Trading YouTube Channel at 👉 https://www.youtube.com/c/BeachBumTrading?sub_confirmation=1 and Please Click the Bell Icon 🔔 so that You are Notified and Never Miss an Episode of BeachBum Trading. All for FREE.
🏆 Get 24X7 Access to our ETFs Google Sheet, as well as Many Additional Benefits 🏆 by Joining our Patreon at the All-access or VIP level Now at 👉 https://ift.tt/xYwshGf
🎥 RELATED VIDEOS 📟
—————————————————————————-
🎥 What May The Fed Do Now? 🤔 [Weekly Trading Game Plan] 4/29 – 5/3/24 | Part 1 👉 https://youtube.com/live/58NRnLYvrdU
🎥 You may / Please see 👀 All of the BeachBum Trading videos in the [ETFs] YouTube Playlist, All for FREE, at 👉 https://www.youtube.com/playlist?list=PLH_4RiO370FNHjdEkyPWS5XQYiTJghT5n
👉 Please find and Watch 👀 All of the BeachBum Trading Shorts 🎥 videos, All for FREE, at 👉 https://www.youtube.com/@BeachBumTrading/shorts
🔽 REFERENCES 🔽
—————————————————————————-
📝 Weekly Trading Game Plan Notes for 4/29 – 5/3/24 – Part 1 👉 https://ift.tt/zZbBXIK
🧰 TRADING TOOLS 🧰
—————————————————————————-
🛠️ Webull – Get FREE stocks with Webull 👉 https://bit.ly/3jKfvw5
🛠️ E*TRADE – Use our link and we both get rewarded! 👉 https://bit.ly/3zP6rvB
🛠️ FinViz 👉 https://bit.ly/3h7r8M3
🛠️ ChartMill 👉 https://bit.ly/3By9g4X
🛠️ TD Ameritrade thinkorswim® [TOS] 👉 https://ift.tt/jwda5fu
🛠️ Seeking Alpha 👉 https://ift.tt/ZvgDQ1i
📈 TRADING PLATFORMS 📈
—————————————————————————-
✅ Webull – Get FREE stocks with Webull 👉 https://bit.ly/3jKfvw5
✅ E*TRADE – Use our link and we both get rewarded! 👉 https://bit.ly/3zP6rvB
✅ Public Investing 👉 https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)
#NVDD #Nvidia #etf
👀 BeachBum Trading on Social Media 👀
—————————————————————————-
🌐 To See 👀 any Daily Changes to our Watch List(s), “Real Time Alerts” 📣 of our Buys, aggregated News on our current Positions, etc., … Please watch / keep an eye 👀 on the Comments section of this video, below, and/or … Please also Follow BeachBum Trading on:
👉 Patreon at: https://ift.tt/xYwshGf
👉 Discord at: https://ift.tt/qgunoIj
👉 Twitter at: https://twitter.com/BeachBmTrading
👉 Pinterest at: https://ift.tt/hCZmxO4
👉 Facebook at: https://ift.tt/5jH06Zi
👉 Facebook Group at: https://ift.tt/E1LxUdD
👉 Facebook Page at: https://ift.tt/jToywab
👉 Instagram at: https://ift.tt/2ecTDiJ
👉 Reddit at: https://ift.tt/RxXYZ3b
🏖 Please also Join Us in the [BeachBum Trading] Community [Discord Server] 🎮, for FREE, at 👉 https://ift.tt/qgunoIj
🏡 Please also Visit the 🏖 [BeachBum Trading] [Home Page] at 👉 https://ift.tt/chrtsL9
🙏 Please Help us be able to continue to produce frequent quality content to help You Learn How to Trade so that You may Achieve the Financial Freedom You Want and Deserve to be able live the BeachBum lifestyle and/or any kind of life that You would like to live! and get Access to our New BeachBum Trading Community Discord Server Now by Supporting BeachBum Trading via Patreon at 👉 https://ift.tt/xYwshGf
via YouTube https://www.youtube.com/watch?v=GzK53isNtnU