NVDA has a demand zone at the rising daily 5 SMA.
Updated
NVDA daily rising 5 SMA will be a potential demand zone tomorrow. I will be watching NVDA to hold this area for a long entry intraday. If NVDA loses this area, there is room back down to the daily 50 SMA, which is a major potential demand zone. This may provide an intraday short opportunity under today's low into these demand zones, and the ability to add equity long for a swing if these demand zones hold.Trade active
NVDA held the daily 5 SMA demand, which provided an excellent place to add equity long. The hourly is now showing a bullish cup and handle pattern 🚀 x.com/DMT_Doctor/status/1826309364510327216Trade closed: target reached
NVDA equity added at the daily 5 SMA was sold on the push to $130.
Related publications
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.