NVDA is on top of its channel and at resistance. I believe this is a good SHORT entry as tech stocks have been rallying all year.
I entered my short position at an average of 165.5 and looking to cover in between the green lines, or before ER (depending on price action).
I entered my short position at an average of 165.5 and looking to cover in between the green lines, or before ER (depending on price action).
Comment:
Covered NVDA at $162 and would stay out until another shorting opportunity. Will keep updated.
Comment:
Resistance still holds. Safe short here ($168)
Trade active:
Shorted average $170.1713
Trade closed: stop reached:
Covered at $156. Will look to enter again monday.