MichaelGLamothe

3 good reasons to take some profits in NVDA

NASDAQ:NVDA   NVIDIA CORP
96 views
1
96 0
1. This run initially began on 8/3/2015. See the volume surge on the weekly chart. Institutions that bought then are sitting on a long term capital gain.

2. We are now 71% above the 200dma. A climb to $100 (certainly possible) would put us at 100% above the 200dma which is an offensive sell signal.

3. NVDA broke above a long term uptrend line (15 months). That is another sell signal.

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out