NVIDIA

strategy for NVDA monday 08/30/2021

217
(NVDA buy price 228.00)

(NVDA sell price 226.00)

strategy: nvda within its 52 wk high we will be buying at 228.00 its sector is slightly positive XLK + 4.90%. If it opens with a bullish gap very close to the closing price, we can take an entry with the stop below the previous candle of the opening.

our bearish entry will be below the sell price 226.00 and the mv 200 at 5mn. 15mn chart is a bit overbought if possible the fall we will be taking profits in the double bottom 218.00

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.