After an epic run NVDA appears to be testing its uptrend from April (green line), we could see a bounce but with the gaps present in the chart, I see a cheeky short to previous support around $100 (white line). RR is low, this is just an attempt to feel out this contrarian take.
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So far so good, we just broke below $105
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We got our move down and the anticipated bounce. I'm holding some positions open for a retest and rejection around $120. Regardless of what comes next, it was fun to share this roller coaster with everyone!
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Another low at $102, congrats to everyone with diamond hands who held their short against that rally to $120 - we we're ready!!
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