Market Takers: NVDA: near-term short

Wednesday, September 06, 2006

NVDA: near-term short

NVDA: Short closer to the 22 -23 level given a strong run in the near-term. A tech name that offers high beta

Momentum weakness : following a strong recovery since the summer lows, watch for recovery stalling
Above both 200 and 50 day mva.
Rally on weak volume

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