UnknownUnicorn5511258

Nov 10, 2020 5:39 PM

Long NVDA For Potential Super Swing Long

NASDAQ:NVDA1M

NVIDIA CorporationNASDAQ

Description

⋅ Nov 10, 2020 5:39 PM

See related idea below for technical analysis months ago.

Not for the faint-hearted.

GL.

NASDAQ:NVDA
TVC:NDX

Comment

⋅ Nov 11, 2020 5:53 PM

Going to tweak this and extend out into Friday. Im keeping my position as is, but think this could run hard this afternoon into Friday.

Once 540 gets cleared, then the super part of this swing is in play.

Hoping this does get a break before EOD, because that'll increase the odds of a 100+ point day.

Trade active

⋅ Nov 12, 2020 6:53 PM

Loading up here for second big swing into tomorrow afternoon.

Trade active

⋅ Nov 12, 2020 6:54 PM

FYI my main position is in DIA puts. So would highly recommend offsetting this play with at least some DOW short position.

GL

Comment

⋅ Nov 12, 2020 6:56 PM

Last thing - ideal strike range for NVDA into tomorrow is 555-560. They are incredibly mispriced atm.

Trade closed: stop reached

⋅ Nov 13, 2020 9:03 PM

Sorry guys, really sucks with no volume today. Dow finishing with a very scary weekly candle, so might want to consider going short soon.

Trade closed: stop reached

⋅ Nov 17, 2020 6:41 AM

Just in case, I'm closing this trade a second time. Long it, short it, I don't care.

Prob shouldn't long it though.

Trade active

⋅ Nov 30, 2020 3:06 PM

Sorry, i meant to post this idea today.

Superswing is back on.

Load it here.

Beyond Technical Analysis superswing

Comments

thankyouman90

⋅ Nov 10, 2020 8:33 PM

Is this still valid?

thebrewer35

⋅ Nov 30, 2020 5:16 PM

I agree, looks primed!

UnknownUnicorn5511258

⋅ Nov 30, 2020 6:48 PM

@thebrewer35, only took 3 weeks. want the bag tomorrow.

thebrewer35

⋅ Nov 30, 2020 7:24 PM

@Perma_Pig, I am looking for 606-635. What is your sell target?

UnknownUnicorn5511258

⋅ Nov 30, 2020 7:29 PM

@thebrewer35, thats the correct spot sir, nice work. i would like 690-700, as that would make the chart symmetrical on the daily, and this stock is about as irritatingly technical as it gets.

your PT is perfect for this short-term call.

thebrewer35

⋅ Nov 30, 2020 7:36 PM

@Perma_Pig, thank you! I am looking forward to this run up. Trying to decide where to sell the January calls, I was thinking $645 there (as to not be greedy).

thebrewer35

⋅ Nov 30, 2020 7:38 PM

thebrewer35

⋅ Dec 18, 2020 9:33 PM

@Perma_Pig, this is looking more and more like it will happen by EOY.

Mvsmauitrader808

⋅ Nov 10, 2020 7:05 PM

I bought at $505 hopefully itll skyrock