NVDA: Correction and opportunities for growth in April
Scenarion #1.0: Gap closing case
Optimal price for S:1.0
Short price - $261.3;
SL - 277.8 (6.3%);
TP/Fix - 212 (19%).
P/R ratio - 3.0
Scenarion #1.1: Rebound from low and potential growth
Optimal price for S:1.1
Long price - $202.3;
SL - 178.2 (12%);
TP/Fix - 275 (36%).
P/R ratio - 3.0
P.S The scenarios #1.1 will be considered after the #1.0 is implemented - check an updates
Share your vision on this stock in comments below.
Optimal price for S:1.0
Short price - $261.3;
SL - 277.8 (6.3%);
TP/Fix - 212 (19%).
P/R ratio - 3.0
Scenarion #1.1: Rebound from low and potential growth
Optimal price for S:1.1
Long price - $202.3;
SL - 178.2 (12%);
TP/Fix - 275 (36%).
P/R ratio - 3.0
P.S The scenarios #1.1 will be considered after the #1.0 is implemented - check an updates
Share your vision on this stock in comments below.
Note
Gap at this week's opening... Check short after 261.3 false break down.
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