NVIDIA
Short

NVDA, a slightly greedy play

I've included a weekly trade plan for NVDA (Nvidia) with points to watch at the weekly close, need a close below green support right now, this week should give a strong signal. We've already had a strong rejection at the purple and SPX is suggesting a fall to 4000's, low 4100's, this should give us enough room to finish the move.

Once that happens we have to capture a 24% swing to low as that's a strong support area, where we will be looking for re entry short or long depending on the general market and index positioning.

Disclaimer