NVIDIA$Tradr 2X Long Sndk Daily ETF(SNXX.US)
SNXX jumped sharply today, driven by supply disruption news from major Asian memory manufacturers and a wave of short covering. The leveraged move pushed it up more than 12% in a single session, breaking above $36.
AI infrastructure demand still drives long-term need for high-bandwidth memory. Institutions are securing long-term supply while retail chases short-term moves.
I’m trimming risk rather than reacting to a single-day spike. With leverage, downside must be constantly managed, not ignored for momentum.
@Bridge Buzz SG
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