NVIDIA Bullish Continuation ContinuedHi Traders!
On Dec. 5th I wrote an idea where I explained that I was almost interested in taking a long on Nvidia. Over the course of the month, Nvidia retraced into the high 120's creating a failed swing to the upside. However, I also stated that Nvidia was most likely going to fill in that wick at the stop of 150.000 back in November. Now, Nvidia has broken out of the failed swing, and is continuing to the upside filling in that wick.
From here, I would like to see a bit more of a retest filling in the gap to the upside (I am looking at a Daily TF). If this can happen, that area will give me the best position possible to go Long Longterm. However, I did catch a few contracts at 138.000.
Entry Target: 145.000-147.000
Post a comment here if you're bullish on Nvidia 😁