Capturing Profits With Technical Analysis By Sylvain Vervoort <iPhone>

Martin set a limit order to short NVDA at $495—a full $10 above the current price. His hands trembled. This was the opposite of what every guru said.

“When the crowd is euphoric,” Vervoort wrote, “the smart money is distributing.” Martin set a limit order to short NVDA

The first test came with in late 2023. The stock was ripping. Everyone on Twitter was screaming “to the moon.” Martin’s gut screamed “buy.” ” Vervoort wrote

Vervoort’s core idea was brutal in its simplicity: He called them “profit capture zones”—specific price levels where institutions were forced to cover or take profit. Most retail traders bought breakouts. Vervoort taught Martin to sell them. Martin set a limit order to short NVDA