Long

NVDA bullish engulfing

Updated

daily chart shows a bullish engulfing candle as it holds the split lows. Excellent sign of strength for a potential push back to all-time highs.

Trade active

NVDA reached the initial target of the daily upper Bollinger Band before pulling back. There is an opportunity to average up on the swing after taking profit into the daily upper Bollinger Band last week.

Trade closed manually

The remaining shares from the swing were sold for profit at the daily 5 SMA. All positions are managed with a breakeven stop after reaching an initial target.

DMT_Doctor

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.