$NVDA DOUBLE BOTTOM
swing trade idea for NVDA.
Very bullish on the market in general. NVDA just completed a double bottom on the daily is looking to break out. I have my price targets indicated in green. Stop loss is the red line. I expect NVDA to hit PT's very fast most likely this week and I suggest scaling in and taking profit and signs of strengths because the market is subject to change in a literal instant.
Note: I don't use the MACD and RSI outside of the role of just additional confluence. Strictly price action in this market.
Very bullish on the market in general. NVDA just completed a double bottom on the daily is looking to break out. I have my price targets indicated in green. Stop loss is the red line. I expect NVDA to hit PT's very fast most likely this week and I suggest scaling in and taking profit and signs of strengths because the market is subject to change in a literal instant.
Note: I don't use the MACD and RSI outside of the role of just additional confluence. Strictly price action in this market.
Note
same as 
SPY some tough resistance around that $190 area but didn't make a new low so still in the pattern on the daily.Note
no lie, 
NVDA almost had me convinced the double bottom wasn't gonna play out.On my mistake, i entered into a position first thing monday morning instead of waiting for the set up and nice dip, smh.
Double bottom is playing out to what I expected, nonetheless, PTs still valid. Expecting 202/203 tomorrow.
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.
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.