NVDA closing above resistance
Updated
Nvidia closed above resistance yesterday and I've placed my buy stop above Mondays high for entry on a continuation of the move higher, both short term and medium term trends are up according to the EMA's and rising lows. My stop will be just below the red candle after the Shooting Star that indicated the double top was in place.
My stop will trail up as price moves higher and forms new support levels.
This is a third entry for me on Nvidia as i continue to build the position.
Trade well and profits follow!
My stop will trail up as price moves higher and forms new support levels.
This is a third entry for me on Nvidia as i continue to build the position.
Trade well and profits follow!
Note
Nvidia triggered me in yesterday and has since moved lower but is currently holding above old resistance as new support, my stop remains where it is for now below 128.98.Trade active
NVDA continues to move higher after breaking resistance, my next potential level of resistance is 154.32
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