NVIDIA
Long
Updated

NVDA August 29, 2024: Pulling back to MA-50

263
On August 29, 2024, after earnings, NVDA pre-market is pulling back to its MA-50 and I think it is a valid buy point here.

As long as the price will trade above the MA-50 the trade can be considered working well.

The stop loss can be placed 2-3% below the MA-50.
Trade closed: stop reached
As the price closed below MA-50 we sold our position.

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