Trading_investing_2021

NVDA LONG PROLONGATION

Long
NASDAQ:NVDA   NVIDIA
Instrument: NVDA
Chart pattern: Reversal LONG Inverted Head & Shoulders
Candlestick pattern: Bullish
Most profitable technical indicator after backtest: OBV EMA 100
Current signal of most profitable tech indicator after backtest: LONG
Most profitable technical indicator win-rate: 70%
Technical indicator witn maximum win rate % after backtest OBV DYN EMA 200
Maximum tech indicator win rate: 96%
Current signal of tech indicator with maimum win rate % LONG
Days for backtesting: 2219
Timeframe for backtesting: 1D
Price at the time of forecast: 255,410
Enter point: 255,410
Take-profit: 320,777
Stop-loss: 231,115
Current model trailing stop-loss: 231,115
Expected profit: 25,59%
Multiple for stop-loss strategy in model: ATR(14) x 2,6
Average trades per month with optimum technical indicator: 0,60
Average time for 1 trade with optimum technical indicator: 41,09
Average profit per 1 trade: 25,59%
Projected annual return w/o leverage: 46,0%
Technical analysis applicability for 6580 technical strategies: 98%
Technical analysis recommendations:
Long: 100%
Short: 0%
Neutral: 0%
Probability of success 97,2%

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.