Steversteves

NVDA: Week of Feb 12

Steversteves Updated   
BATS:NVDA   NVIDIA Corporation
Another bullish Heikin ashi setup on the hourly, as with last week.
So not counting on any massive gap down or selling on Monday.

If we do somehow manage to see some selling into Monday and gap towards those low targets that would be an ideal long entry.

NVDA may be a bit choppy next week. Its over all major targets and has not seen any pullback. Though the chart does indicate continuation up, its a really hard call on this one.

Watch the threshold breaks as always. I'm inclined to be long biased as usual as nothing ever goes down in this current market.

Safe trades!
Comment:
The bullish Heikin Ashi move is complete.
We are now below the threshold.
Tred cautiously here.
If we cannot break back over the threshold, then of course its a short.
If we break back over, then its a long.
But I do caution on rangeyness without actually snagging any of hte targets this week. So just be generally careful and take your profits when you are up!
Comment:
So we did snag the P Lows which was great, becuase though there was a 1 hour bullish setup leading into the week, there was a large timeframe bearish setup on the 4 hour.
And then as expected it was rangy.

Going into next week, you will be shook I am sure, but I will post a new idea later today or tomorrow.

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