$NVIDIA(NVDA)$ A few personal pointers why Nvda i feel it is overvalued and bearish at the moment 1. Even at 120 nvda is still expensive to own and they require insane bulish news to justify their high valuation of the stock. 2.Deepseek insanely lowballed the valuation of AI companies, and using lower quality chips meant that companies don't need to buy expensive chips from nvda to do high quality effcient machine learning, thus, affecting their profits if companies go for lower end chips. 3. Trump is most indefinetly going to curb the entire AI Chips to china after what deepseek did, not just restricting some exports. Affecting nvda profit margins again. 4. I predict the talk with jensen huang is gonna be useless,
$NVIDIA(NVDA)$ Lost upwards momentum and broader market is making a pullback, predicting the pending tarriffs to make tge markets retreat. Entered a short position to the downside
$NVIDIA(NVDA)$ This ship has already sailed, take healthy profits whenever possible. I'll only be interested to hold long swing when this stock goes to 90. Take care stay safe.[Happy]