I’m starting to think it might be time to trim or sell some of my NVDA position.
For the fourth trading day in a row, NVIDIA (NVDA) has gapped up at the open, only to sell off or fade during the session. That kind of price action is starting to stand out.
To me, it feels like:
Strength is getting sold into
Buyers are showing up premarket, but conviction fades intraday
Short‑term momentum might be getting tired
This isn’t a knock on NVDA as a company, the long‑term story is still strong, but from a tactical / price‑action perspective, repeated gap‑and‑fade behavior usually isn’t a great sign in the near term.
I’m debating whether this is:
Just normal consolidation after a big run
Or early signs of distribution before a deeper pullback
Curious how others are reading it, holding through the chop, trimming into strength, or waiting for a cleaner setup before adding again?
Thinking about trimming NVDA, 4 straight sessions of gap‑up opens and intraday fades
byu/Other-Maximum-linda instocks
Posted by Other-Maximum-linda
13 Comments
You want to gamble short term go for it. It’ll have to drop more than the taxes you’ll have to pay for it to be worthwhile
Just compare the charts from semis they all look the same today, MMs algorithm in charge right now
I don’t read, its all vibes really.
The overall market is showing the same pattern. In the long term scheme of things, it’s just noise. Fundamentally, nothing has changed with Nvidia.
Yes, sell now, lock in taxable gains, and fomo buy back in at 200
This sub isn’t for swing trading or day trading, so expect people to belittle you for using TA to swing trade price action here.
I get the read, but I lean more toward normal consolidation than distribution here. Four gap ups that fade intraday looks ugly on a short term chart, but NVDA has been doing this kind of chop a lot during strong trends. Premarket enthusiasm then daytime digestion.
If this were real distribution I would expect heavier volume on the fades and worse closes, not just givebacks after hot opens. To me it feels more like positioning and profit taking after a big run, not smart money heading for the exits yet.
Personally I separate timeframe from thesis. Long term I am not touching core shares. Short term, sure, trimming a small piece into strength or just sitting on hands makes sense if you trade price action. Trying to outsmart every pullback on NVDA has been a rough game the last year but that’s jus my though.
We will gladly buy your shares.
I don‘t watch daily price action if I‘m convinced about the stock which is the case for Nvidia.
CES this week? Could be a good week for NVDA.
Wall Street trying to shake out weak hands.
I did a full port from NVDA to NBIS and couldn’t be happier.
Fades are normal as long as key levels hold, trimming is just risk management.