NVDA on top of its channel and at resistance
NVDA is on top of its channel and at resistance. I believe this is a good SHORT entry as tech stocks have been rallying all year.
I entered my short position at an average of 165.5 and looking to cover in between the green lines, or before ER (depending on price action).
I entered my short position at an average of 165.5 and looking to cover in between the green lines, or before ER (depending on price action).
Note
Covered NVDA at $162 and would stay out until another shorting opportunity. Will keep updated.Note
Resistance still holds. Safe short here ($168)Trade active
Shorted average $170.1713Trade closed: stop reached
Covered at $156. Will look to enter again monday.
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