$NVDA Pre-earning Strong Bullish Setup targeting 348-368
Updated
Huge volume with Bullish candlesticks on Friday suggested continuation for up tend - Strong resistance between 348-350 expected to push it back to broken uptrend (Blue) then target 368 . if earning so strong then it can arrive final destination at 400 quickly . Once these targets achieved NVDA will pullback and make correction strongly to area between 260-270 . Still indicators are not overbought but the excessive volume on Friday made some confusing that its almost near the projected target!! One of the idea is to short it after earning announcements but its one of the fastest stocks
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Faster and stronger than expected!! I was BULLISH with NVDA since 125$ :)Trade active
Trade closed: target reached
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Trade closed: stop reached
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