Greetings Investors,
I'm BULLISH on NVDA based on the following:
Bullish Factors:
1. Breakout from bullish pennant formation, after previous cup & handle breakout.
2. Bullish MACD movement.
Please take a look at my previous analysis on NVDA for the bigger picture. The recent partnership with NIO, the crypto craze sweeping all the GPUs off the shelf, give me a fundamental view that NVDA will have a very bullish season this year.
Strategy:
1. Consider the OTM 19 Feb / 19 Mar $600C
2. Consider the OTM 19 Mar $650 or $700C
Happy Trading!
Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.
I'm BULLISH on NVDA based on the following:
Bullish Factors:
1. Breakout from bullish pennant formation, after previous cup & handle breakout.
2. Bullish MACD movement.
Please take a look at my previous analysis on NVDA for the bigger picture. The recent partnership with NIO, the crypto craze sweeping all the GPUs off the shelf, give me a fundamental view that NVDA will have a very bullish season this year.
Strategy:
1. Consider the OTM 19 Feb / 19 Mar $600C
2. Consider the OTM 19 Mar $650 or $700C
Happy Trading!
Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.
Note
Target Reached!
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Disclaimer
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.
Related publications
Disclaimer
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.