octradr
Long

NVDA SETTING UP FOR TAKEOFF

BATS:NVDA   NVIDIA CORP
140 3 0
Its short-term trading range is narrowing and its in the lower end right now. I am overall bullish on this chip stock and think the potential is greater up than down. You can play it safe and wait for a breakout at either end but you may miss out. Happy trading.
This is a good opportunity to take some profits or all profits. It is getting close to resistance and may retrace down again before a big move up in the future. Keep a close eye on this one.
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Closed over the resistance level. Use old resistance as support now.
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Good time to take profits. very bullish candle. 8/6/13
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