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Trader6127
Apr 1, 2019 2:06 PM

nVidia [REVISED] | Shorting the Bubble Part 2? Short

NVIDIA CorporationNASDAQ

Description

Confirmation/Entry: 124.46 (ideal) / 188.78 (early) / 227.89 (risky +)
Invalidation: Local high
Target: Three targets on chart
TF: D
Leverage: 2x
Pattern: 1) Weekly bearish impulse with 2) break of weekly EMA50, 3) death cross on daily, and 4) daily EMA200 resistance.

Weekly snapshot. Notice the trading between the EMA50 and 200.

Trade active

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Kissing the trendline!

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Trendline broken

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Support has been breached
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