Nvidia - Now is the time to go short!

17 nov

💣Nvidia (NVDA) is now creating a top:

🔎Analysis summary:

Just a couple of days ago, Nvidia perfectly retested a major resistance trendline. Always in the past, such a retest was followed by a major move towards the downside. Therefore, Nvidia is preparing for a major drop, which could lead to another -25% drop in the future.

📝Levels to watch:

$180 and $140 and $100

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

6 giorni fa

Trade attivo

💣Nvidia (NVDA) is slowly reversing:

🔎Analysis summary:

After we recently witnessed a major retest of a major resistance on Nvidia, this stock clearly slowed down. Overall the trend is clearly starting to weaken, with the next major support sitting at about -25% lower. It will just take some time to get there.

📝Levels to watch:

$180 and $140 and $100

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

38 minuti fa

Trade chiuso: obiettivo raggiunto

💣Nvidia (NVDA) nicely plays out:

🔎Analysis summary:

Well, so far Nvidia is just perfectly heading lower and lower. Yes, there is no massive selling pressure yet, but after such an incredible rally, institutions always need some consolidation first. Until Nvidia hits the next support, we can still see a -25% move.

📝Levels to watch:

$180 and $140 and $100

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION