Confident NVDA will bounce back up to around 120-121 before making a decision on where it wants to go in the next week
I’ve been LONG nvda since 135
Hedged bet with leveraged etfs and took profit in post market last night
80% + chance for nvda to touch 120 in the coming days
Im bullish
From that point price action and resistance will spit out another trade signal
I’ve been LONG nvda since 135
Hedged bet with leveraged etfs and took profit in post market last night
80% + chance for nvda to touch 120 in the coming days
Im bullish
From that point price action and resistance will spit out another trade signal
Note
NVDA ! BREAKING NEWS. Breaking above 120. Very bullish if NVDA closes today above 120-121 level today(4 hours away) current price > 121.99
Can see some immediate drawdown to 110 level and I still see this as a bullish thesis and lift off to ATH's
Earnings & revenue comes out in a couple weeks and it will most likely be a surprise to the upside again.
Will be taking out my hedge on Semiconductors if we see some correction later this week or next week IF we close around 120-122 today.
NVDA has a strangle hold on the market right now and people want to get in.
30%+ upside
THIS IS A HOLD OR BUY> I WOULD NOT RECOMMEND SELLING
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.