Long

Looking for 5%ish in NVDA

Updated

I have NVDA as a turn date today. Looking for 5%. I'm not clear that this is a lasting move, so I'll be taking profits on the move up.

Note

there's something wrong with this thing. I don't like and and perhaps it's actually a high and going down 5% from here. It ain't acting bullish though.

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Finally! I think the easy move in TSLA had me expecting something similar in this and I was really impatient. It's accomplished about 8.5%, and at this point, I keep asking how much higher (%) and my answer is 47, twice.
When I dig for more answers I'm being guided that there are 47 days of upside and that TIME is the ideal way to measure this trade.
It makes some sense if you're buying options you know how far out to go, or you just roll them, but this is kinda different so will watch and see. This acts well though.

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Second update for more shorter term. I think NVDA hits the $315-16 and tops out sometimes tomorrow, so be aware. There's also sym. resistance right here at $311.23
And, be aware of the date for January 11th as I have that as a date for a swing high I believe.

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I did just ask about NVDAs percent move down from the afterhours high of $314.70 and get 9% as what to expect. That seems like a lot, and would basically give back everything it just gained. The level is around $286. We'll see

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One weird thing I noticed is that the number I kept getting, 47 (which is really just a zone), actually correlates with the prior ATH at 346.47. That's all I know about that, but now I kinda doubt it's a number of days situation. I guess time will tell, but I don't know what that would be saying about the high.

JenRz

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