I don't like to talk negatively about stocks, especially not when it is about one of my favorites.
I got my first ever gain from trading NVIDIA, so saying: short it, makes me really sad...
But this is the case for now.
The reason is:
>We have limited upside(385.59), this stock pulled back from an all-time high during a pandemic.
>Both indicator is showing a possible "Regular Divergence" (MACD and RSI)
If the support at 367,4 breaks, consider a put option or short
If it holds, we have a resistance level at 384,42 (4,4% upside)
I got my first ever gain from trading NVIDIA, so saying: short it, makes me really sad...
But this is the case for now.
The reason is:
>We have limited upside(385.59), this stock pulled back from an all-time high during a pandemic.
>Both indicator is showing a possible "Regular Divergence" (MACD and RSI)
If the support at 367,4 breaks, consider a put option or short
If it holds, we have a resistance level at 384,42 (4,4% upside)
Comment:
Support seems to hold for now!!
Order cancelled:
Support broke but could not hold it
