NVDA short term long potential
Updated
NVDA has potential to break out on the 30 minute chart and run back to the longer term trendline near the 210 area. Notice the risk/reward is heavily skewed in your favor. Only look to take on a breakout past the current high at the blue arrow. Buy High, Sell Higher.
Note: No guarantee implied or otherwise. All trades have risk. Only trade what works for your own plan. GLTA!
Head over to customtradeplan.com and join the CTP Group today to learn even more and see an indepth video about how to draw these trendlines and whats to come in 2018.
Note: No guarantee implied or otherwise. All trades have risk. Only trade what works for your own plan. GLTA!
Head over to customtradeplan.com and join the CTP Group today to learn even more and see an indepth video about how to draw these trendlines and whats to come in 2018.
Note
Taken out on the deeper pullback but the key to good trading is get back in. Notice that W bottom there after the 14th was an excellent rebuy opportunity. This is the key to trading, win or lose, right or wrong, it's just a trade. Even if you take 3 losses in a row and your setup triggers again, take it again. When you build a solid plan, you won't have fear to get back in. It's just one trade out of hundreds if not thousands.
I will try to be more involved with posting ideas or re-entries if need be, but it all comes down to your own plan. Do you have something that allows re-entries when needed? For most traders, it's a very important piece to add to the plan. GL.
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.