NVDA - SHORT POSITION

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We observe that NVIDIA stock has formed a double top pattern, indicating that the price may continue in a bearish direction in the short term.

If the price breaks the support level of the double top pattern, a short position can be taken.

The target level for the double top formation is $101.57.

However, if the price comes back up and closes above the upsloping support line on the daily timeframe, this trading idea will be invalidated, and the short position should be closed.
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