If you didn't notice the bullish reversal on 3/7, then another entry was on 3/17 for a long position. The trailing stop is $5 of risk, not too shabby. $NVDA is one of our favorites for a Skip-strike butterfly trade, especially if you want an OTM position for higher risk reward (due to the price fluctuation and strike hits).
Our youtube post on our site discusses...
Since yesterday I am short on NVIDIA because it did not manage to break a major resistance line and broke a support line too on its way down.
Be careful should find support near 98$ zone otherwise could lose more ground
LONG SIGNAL detected on NVIDIA stock today
It managed to stay above the support line and stochastic's are at a very good level as well for an entry point
On April 4, 2017, NVIDIA Corporation ( NASDAQ:NVDA ) crossed below the 50 and 100 day moving average (MA). Both events have occurred on the same day 27 times with a minimal loss of 0.33% and median loss of 5.99%. Historically the stock has crossed below the 50 day MA 144 times and the stock does not always drop. The stock has a median loss of 3.802%. Historically...
I sold all of my positions in NVDA-last week.
I have been positive on the stock for a long time, but something is developing in the chart above that concerns me.
Look at the lower top indicator (AO). Please note that this has now put in place a 4th lower momentum top (red down arrow).
The chop zone and chop (bottom two indicators), while still green, have lost...
For the fun of it, here are some necklines (by no means all) from H&S (fuscia) or Inverse H&S (green / yellow current) that may still affect direction / velocity.
NVDA loves them, and current price is poised at highest POC (most volume for the price level). So breakout (up or down) is imminent!
So which of those necklines will win out? Needs a spike in volume...
Using my handcrafted "Time At Mode" Methodology - I can measure with a reliable consistency and methodology, the amount of accumulation that has occurred in any security on any time frame to determine how much time the security can then trend once the accumulation period is over.
The very logic of this approach came to me in 1988 after I discovered Market Profile...
NASDAQ:NVDA A potentially very bearish move may be coming for NVidia. There is a double negative divergence occurring for both volume and relative strength indicators. Could the $120 area be a triple top? Only time will tell. If the $120 area is retested, then either go short or buy puts for a time frame you think would allow for this trade thesis to play out...
NVDA-was recently slammed by short sellers. I took positions in the mid $90 range.
In the past week I sold all of my positions, then bought them back and added more (after it dropped on Tuesday March 21).
I think there is still big up-side potential.
From a technical standpoint, Here are the positives:
1. Currently multiple buy Fractals (green up arrows).
2....
