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Non-Tech : Kirk's Market Thoughts
COHR 184.20+7.8%10:35 AM EST

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To: #Breeze who wrote (20967)10/17/2024 10:39:37 AM
From: Augustus Gloop  Read Replies (1) of 26684
 
NVDA made an all time high but it hasn't been convincing yet.
  • The RSI is around 67
  • It's in the process of printing a DOJI - we'll see how that plays out today
  • The largest outstanding options position for Friday looks to be $140 followed by 138 (it's close)
Based on that I expect the stock to repel backwards to below 138 by Friday, thus vaporizing the 140 & 138 calls.

What do you see?
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