NVDA $90 PRISONAs last time we were stuck within the $90 range I can see a previous order block that was created and retested making it invalid. I am considering regardless this area of $91/94 as a good demand area. Not only the sentiment of the fanatics is that it is a discounted price at $90. But speculations are already running online that once they reach this area, they need to load up to head to $130.
This is a good sentiment to capitalize both on the movement down and the bounce.
The good traders do not become "fans" of a company. We just capitalize on fanatic sentiments to get their money as any good record label would with their artist.
Ladies and gentlemen, NVDA is our artist for this week concert.
Let us capitalize on the fans and hope they request an encore.