Ravich000

NVDA short trade setup

Short
Ravich000 Updated   
NASDAQ:NVDA   NVIDIA
3:1 R/R, targeting backset of the channel. MACD bearishly diverging on the daily, RSI in overbought territory plateauing. Far above moving averages. Today was a heavy green day and the best time to short is on pullbacks like this if you believe 775 was the local top.
Trade closed: stop reached
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