NVDL:ABCD patternNVDL:
-ABCD pattern.
-Fibo retracement at golden zone.
-Key level support.
-Demand zone support.
.
See more plans on US STOCKS- WALL STREET DREAM
NVDL trade ideas
NVDL covered callOverall bull trend. Earnings came out on NVDA. They did "great".
This covered call is over thanksgivings and the theta burn should be nice. BUT, this also represents a $13 stock increase, which would be sick. I have no issue selling here at this profit level. STRONG chance I can buy to close this sold call for over 50% premium capture.
NVDA (NVDL) BIG MOVE BREWING, BUY THE DIP! 100%+ MOVE INBOUNDNASDAQ:NVDA NASDAQ:NVDL
BIG MOVE BREWING, BUY THE DIP! 100%+ MOVE INBOUND
In this video, we discuss the following:
1.) My #HIGHFIVESETUP trading strategy which incorporates charting patterns, volume profiles, MACD, RSI, and TREND.
Notable recent winners with my strategies include NASDAQ:TSLA NASDAQ:SOFI NASDAQ:MBLY NASDAQ:AMZN NYSE:HIMS
2.) Go in-depth on how to tell when an investment or trade will go against you and what you should be looking for. We go over my favorite indicator for this, which is the Williams R%.
We primarily discuss the 2X levered ETF NASDAQ:NVDL which has the same setup as it's parent NASDAQ:NVDA . So feel free to use this setup for either one depending on your risk tolerance.
Thanks for all the support! Over 500 TV followers in such a short period of time, you all are amazing!
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NFA
NVDA - NVDLAfter big spring in the structure we just passed and retest the lower line in accumulation structure.
I am very optimistic with how the chart looks!
NVDA
WIN/LOSE 1.5:1
SL BELOW 113$
TARGET upper line structure 140$
NVDL
WIN/LOSE 3:1
SL BELOW 51$
TARGET upper line structure 90-91$
* will update if there is change in sentiment of the structure
* for any question drop them below, and HIT THE FOLLOW BUTTON
Chart Pattern Analysis Of NVDA
From K1 to K3,
The supply pressure keeps increasing.
Smart money got out of the market at K3.
And bad news released after the market.
The short-term consolidation ended by the news.
So, it is likely that a large scale consolidation or another bear run had started from K1.
A nearest support at about 0.5-0.618fib area.
I will try to buy it there.
I am still optimistic about the long-term bull market of NVDA.
But it is not safe to invest too much money on it now.
On the other hand,
After the sharp price shocking,
The market will choose a real orientation.
If the following candles close upon the downtrend channel,
It is still valuable to buy back.
$NVDL Selling Aug30 50 Puts Here Under Yearly Anchored VWAPIf we get a pull back again I believe owning long at yearly VWAP would be nice positioning. Either way, premiums are nice if we continue upwards.
