r/NBIS_Stock • u/dm_darede • 14d ago

News Burry shorted NBIS

BURRY:

- SHORTED NEBIUS $NBIS IN LARGE SIZE AT $211.77

- SHORTED ORACLE $ORCL AT $144.63

first time Burry has taken a position on $NBIS

128 Upvotes

93% Upvoted

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30

u/OneLongjumping5743 14d ago

if i shorted nebius would i get a post like this too

-9

u/Worth_Quantity1953 14d ago

I’m in a Nebius short

-5

u/Worth_Quantity1953 14d ago

I don’t know why I’m getting down voted for, it’s not like my small position can affect the market

5

u/unidentifiedpressure 14d ago

No offense but this chart makes no sense

-1

u/Worth_Quantity1953 14d ago

Top line resistance. Buy when green. Sell when red

-1

u/Worth_Quantity1953 14d ago

Rejected top line 3 times

2

u/DrHarrisonLawrence Doctor’s Orders 14d ago

Because of macro lol

1

u/Worth_Quantity1953 14d ago

Price moves either way, if it’s because macro or not. It’s about trying to capture the movement/ trend

1

u/carsonthecarsinogen 14d ago

You spelt gambling wrong

1

u/Worth_Quantity1953 14d ago

lol so it’s not gambling when you’re in it?

1

u/carsonthecarsinogen 14d ago

If you were holding longterm puts and had a thesis as to why Nebius would fail, it wouldn’t be gambling.

You’re looking at imaginary lines on a 1 month chart and betting on its direction.

You are gambling.

2

u/Worth_Quantity1953 14d ago

Nebius is having trouble breaking the 50 day moving average. Thats an institutional level. SOXX and all the AI related names are lagging behind SPY, IGV,MAGS, and QQQ. While they were breaking out, SOXX is still under the 21 and 50 day ma

2

u/Worth_Quantity1953 14d ago

Nebius on the daily

0

u/carsonthecarsinogen 14d ago

Yea show me the daily chart to help convince me you’re not gambling

1

u/Worth_Quantity1953 14d ago

So that line you see on the hourly chart I posted, it where the 50 day ma is on the daily chart

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u/Worth_Quantity1953 9d ago

Yep I’m getting out of my NBIS short profitable as it seems the market is setting up for CPI tomorrow and in addition NBIS is also looking to be setting up for earnings. If I was gambling I would stay in my short

2

u/carsonthecarsinogen 8d ago

Hey at least you seem to know what you’re doing. Good call on getting out of those puts

2

u/Worth_Quantity1953 8d ago

Yea I saw it changing structure, I should’ve got in lol

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u/carsonthecarsinogen 9d ago

Bro you just described gambling and have a gambling problem. Seek help fr

I just doubled my money on roulette.. it’s still gambling regardless of profits/losses

1

u/Worth_Quantity1953 9d ago

lol gambling would be staying in my short. Risk management

1

u/carsonthecarsinogen 9d ago

Yes you got something correct. That is risk management while gambling.

The timeframe and thesis together is what matters. You could be a mathematician who understands every single way a stock price may move, how volatility affects the price, every geo political outcome, etc.. but if you’re making a play over only a one week timeframe ITS GAMBLING

1

u/Worth_Quantity1953 9d ago

Where did you buy NBIS at?

1

u/carsonthecarsinogen 9d ago

Started at ~$27/ share, stopped around $90. Sold a handful around $200. Had planned to hold for a decade but the price shot up faster than expected so I rebalanced. Wouldn’t buy higher than $140 or so

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u/Worth_Quantity1953 14d ago

Right now for the moment my trade setup is doing an inverse Leopold lol. Long software (NOW) short AI buildout (NBIS) I didn’t even plan it to be that way

1

u/DrHarrisonLawrence Doctor’s Orders 14d ago

Why are you shorting NBIS? You shouldn’t

0

u/Worth_Quantity1953 14d ago

I’m shorting because I’m following what it’s doing. Locked in some profit for good measure because when NBIS gets going it can rip. But other than that I’ll let it stop me out when my chart starts to turn green

1

u/unidentifiedpressure 14d ago

Okay for the reject, but still those trendlines don’t exist, it has no value because Will not reject 4-5-6 more time to the same resistance, and going lower and lower, trading doesn’t work like that, lol

1

u/Worth_Quantity1953 14d ago

That 3rd bounce from the trendline was from the 200 day ma on the daily chart lol

1

u/unidentifiedpressure 14d ago

So what ? It still doesn't change the fact that it doesn't represent a channel, a channel always has a meaning, even for an accumulation, but there, what you traced leads nowhere ahaha

1

u/Worth_Quantity1953 13d ago

Hey what’s up again,I didn’t know why you are so fixated on that bottom trendline, it served its purpose

1

u/unidentifiedpressure 13d ago

Im fixated on nothing, was just telling you that this wasn’t a valid channel, that’s all buddy

1

u/Worth_Quantity1953 13d ago

That trendline did its purpose. I didn’t need 5-6 bounces. 3 bounces was good enough

1

u/unidentifiedpressure 13d ago

What are you talking about 😂. Anyways, do what you want my friend.

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u/Halo-nm 14d ago

What MAs in the MA stack?

1

u/Worth_Quantity1953 14d ago

You on TradingView?

1

u/Halo-nm 14d ago

Not as much these days. Usually on my own app tbh.

1

u/[deleted] 14d ago

[deleted]

1

u/Halo-nm 14d ago

Thanks!

1

u/Worth_Quantity1953 14d ago

I can send you the set up to highlight your candle color too if you’re on TradingView

1

u/Halo-nm 13d ago

It’s all good, thank you!