I Was Wrong...Here Is The 3 Reasons For This Mistake

25 dic 2024

.1->This price is above the 50 EMA
.2->This price is above the 200 EMA
.3->This price has gapped up
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1->This price is above the 50 EMA:

When you look at this chart you can see
that the price

has just crossed above the 50 EMA
this means the stock NVDA

Has been trending above its moving average
for the past month and a half.

--
2->This price is above the 200 EMA

Again this means it's currently trading
on a yearly new high. This means

if you bought this
stock when the 50 EMA crossed
above the 200 EMA

you would be in a profitable position

--
3->This price has gapped up

This last step is speaking to the price action
that may be "too good to be true"

its so easy because this is the final step to really pin point
wether to enter the trade or not.
-

Remember the key is to follow this strategy
-
Rocket boost this content to learn more.

Disclaimer:Trading is risky
do not use more than x4 margin.

Because you will lose money
wether you like it or not.
So learn risk management

and profit taking strategies.