NVDA Entry, Volume, Target, Stop

14 thg 6, 2023

Entry: when price clears 419.38
Volume: with daily volume greater than 92.34M
Target: 496 area
Stop: Depending on your risk tolerance; 393.85 gets you 3/1 Risk/Reward.

This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.

15 thg 6, 2023

Ghi chú

Got price but not volume. Volume was good, but we'll have to wait an see what tomorrow brings.

15 thg 6, 2023

Ghi chú

2 hours into the day with almost 30 million in volume, I'll take the chance and open a position.

15 thg 6, 2023

Giao dịch đang hoạt động

15 thg 6, 2023

Ghi chú

I really do not mind a pause or even slight pullback on lower volume after my entry.

13 thg 7, 2023

Ghi chú

Sold 1/3

14 thg 7, 2023

Ghi chú

Sold 1/3 @ 473.60

21 thg 7, 2023

Ghi chú

Had to have a pull back eventually. :) This may create a good opportunity to buy the dip recovery - meaning when price breaks above the previous high (480.88 from July 14) with volume greater than 77M (which is the volume from July 14). If you buy the dip before price "proves" it want's to go higher, you may catching a falling knife.

1 thg 8, 2023

Ghi chú

I'm out of this trade, have been out for a while but forgot to post it. However the idea is still valid, just waiting for it to reach target. I've got another idea posted and plan to enter when price breaks above 480.88 with volume greater than 77M.