RexDogActual

NVDA Path to 270-280 - Good Swing or Options Trade?

Long
RexDogActual Aggiornato   
NASDAQ:NVDA   NVIDIA
NVDA has provided pretty clear bias and momentum signals.

Hey, this isn't trade advice.

The upside target is 270-280.

This clicks with key 4D level as well as RDA projection zone (grey lines).

I teach simplicity and I ask 2 questions:

What Should Happen?

  • Bias and momentum should hold on 4D and D charts
  • Price should probably stall around 216 but ultimately close with a level above.
  • If price pulls back the ideal textbook reaction is a rejection at the 180 area. The creation of a level on the 4D chart above or around this. If that level gets tested it holds.

What Shouldn't Happen?

  • No 4D close below RDA
  • If price pulls back to the high probability reaction zone, it better create a level above one or all the momentum and bias indicators.

Overall this might provide a good swing or options trade. Especially if you a trader enters in a scale in strategy.
Trade attivo:
Time to put in some trail stops. Target almost reached. I'm exiting 1/3 holding. 2/3.
Trade attivo:
Almost to first profit zone.
Trade attivo:
it's all about the 60m now. will that roll over. Right now the zone my system says to watch is 208-212. So will that be tested and will it hold. Right now I'm out of 2/3 of the position and have a trailing stop starting at 225. So I'll be watching the 60m chart closely over the next few days.

Commento:
Advance the chart above and tell me the RDTS doesn't have predictive edge. Still in trade took some profit in the predicted zone. Too bad I don't share more of the swing trades like this but TradingView doesn't really want me too. Every week I get some message that something I did broke house rules. Shame as I'd post 3 times as much great trades like this. Want the real follow below.

Get the best... join my Discord: discord.gg/WgjsxVz
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