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Prabu_Sha
Oct 11, 2022 2:47 PM

NVIDIA Corporation Long

NVIDIA CorporationNASDAQ

Description

NVDA Corporation- It has formed falling wedge pattern. Also it is currently trading near the 1st support zone of 112.
Expected 1st Target to be 136 which is near the 1st resistance.

Disclaimer: This is only for learning purpose and not a trading recommendation.

Trade active

114 to 121 Perfect move in 7 days

Comment

114 to 133. Still its a good move.. Now its in middle 0f Price. We have to wait and see it goes below 128 or if it sustain above 1228 then we can expect to see some move around 138

Trade closed: target reached

Target 138 Achieved . 114 to 138 Done.

Comment

Falling Wedge Good Move..
Comments
SquishTrade
Counter-trend bounces can be tough to trade, but this idea looks good with a tight stop!
Prabu_Sha
Now buy only if it breaks the trendline and moves upside. Else wait for it
Prabu_Sha
114 to 119 is a good move as predicted.
TORNADOF5
are you stop out ?
Prabu_Sha
@TORNADOF5 if it breaks the falling wedge trend line then it can go upto 102. but it perfectly reacts to the trend line and bounces back 114 to 119
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