NVDA Short Coming
Updated
NVDA has formed a rising wedge on the 4hr time frame and is approaching is daily major resistance. My current short region is $170-$175 as long as we fail to close above the top resistance line in red.
Options play $170 puts 3 weeks out when top red trend line is hit or bottom support of rising wedge is broken :)
Options play $170 puts 3 weeks out when top red trend line is hit or bottom support of rising wedge is broken :)
Trade active
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NVDA about to reach upper RED trend line for SHORT :)
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NVDA rejecting from top red trend line as expected :)
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