Big Push in semiconductors and this chipmaker.
Waiting for a Move below $305 into $300.
Will be looking to get a multi-week/multi-month PUT/SHORT position in NVDA.
3yr by weekly macro funnel has been broken out of and price action is curating to re-enter the funnel.
Price Targets below $305.
PT 1:$ 300
PT 2:$ 290
PT 3:$ 285 and below.
Long term swing target $265-275.
Waiting for a Move below $305 into $300.
Will be looking to get a multi-week/multi-month PUT/SHORT position in NVDA.
3yr by weekly macro funnel has been broken out of and price action is curating to re-enter the funnel.
Price Targets below $305.
PT 1:$ 300
PT 2:$ 290
PT 3:$ 285 and below.
Long term swing target $265-275.
Comment:
Trade worked out. Missed the opening drive took teh 12/10 260Puts on a DT. ROI hit 30%+. Ended up getting lost in the trade decided to hold through out week.