Trader_Joe_Lee

NVDA has a daily Gartley pattern buying opportunity

Long
NASDAQ:AAPL   Apple Inc
NVDA

According to daily chart, NVDA has a potential buying opportunity between 134.77 - 135.92 (0.786 XA @ 134.77 / AB=CD @ 135.15 / 0.786AB @ 135.92 )

It could be a valid trade to put 1/3 of the limit orders at the different 3 prices with a stop loss point @ 126.99 , about 7% risk.
1st target price will be @ 0.382AD, which will be around 147; while if the trade worked and went at least above 140, I also suggest to put risk-reward stop at a few cents below 140.





AAPL

Also, BAT pattern can also be seen at AAPL's daily chart with an entry price at 141.95 with a stop loss point at 139.99.
The risk is much less than the NVDA trade, and 1st target price could be @147.77.




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.