NVDA - New highs coming Long

NVIDIA CorporationNASDAQ

Description

⋅ Jul 23, 2020 2:56 PM

NVDA is being held back by 421. Once that breaks I think we see new highs not long after. I am long 440 July 31 and Aug 7 calls.

Comment

⋅ Jul 23, 2020 4:37 PM

This is bearish not just for NVDA.. I am seeing failed breakouts across the board as well. Along with major trend breaks

Trade closed: stop reached

⋅ Jul 23, 2020 6:03 PM

My stop was hit at 413.

Trade active

⋅ Jul 30, 2020 5:18 PM

New highs still coming and I am back long.

Comment

⋅ Aug 3, 2020 2:30 PM

New highs

Trend Analysis NVDA

Comments

Lilfish2244

⋅ Jul 24, 2020 1:31 AM

Nvidia is going to recover tomorrow if not on monday for sure!

CoolRed

⋅ Jul 24, 2020 2:21 AM

@Lilfish2244, Inshallah.

ShareefMiakhail

⋅ Jul 24, 2020 12:03 AM

Bear Flag on NVDA we are going down buddy

Lanmar

⋅ Jul 24, 2020 12:05 AM

@ShareefMiakhail, yep, textbook.

scheplick

⋅ Jul 23, 2020 5:06 PM

Failed breakouts are never good and my thinking continues to be... how much can retail hold the bag? I don't think they have the stomach for it and bigger players know this.

Lanmar

⋅ Jul 23, 2020 6:01 PM

@scheplick, I think we're testing those limits now and into next week. I definitely don't have the stomach for it