NVDA - the way it's meant to be played™

22 apr

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 NVDA has been overall bullish from a long-term perspective, trading above the blue trendline which is acting as a non-horizontal support.

After breaking below the last low marked in red, NVDA has been in a correction phase from a medium-term perspective.

Moreover, the green zone around $650 is a strong demand zone.

🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and blue trendline.

📚 As per my trading style:
As #NVDA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich