Nvidia Corp (NVDA) reports earnings today after the close. The stock is up over 100% off the 2019 lows but yet to reach its all-time highs of $295.00. This $295.00 level represents a stock chart double top and could be a great shorting opportunity if Nvidia Corp jumps higher on earnings today. I am focusing on the $300.00 level to short Nvidia Corp. This would be a classic stock chart double top and even number hit. In addition, with every technical metric overbought, it alerts investors and traders to a high reward opportunity. Again, note that this is only when the stock hits double top and breaks $300.00.
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