I'm looking to short 
NVDA here, but need further confirmation of the top. If we get a smaller range day today, and we see a new daily low after that, or if we get a new daily low right away tomorrow, I'll short a half position then, risking $10.86 per share. I'll start building a position after tomorrow's close if the range is smaller than today's, and spread the selling over 1-2 weeks. Alternatively, if we see that within 3 bars, price doesn't hit 107.97, we'll get a low risk short signal, which would be a good confirmation of our fundamental thesis.
You can check out the post by MichaelGoldin on the subject, he spotted this trade during one of our conversations at the Key Hidden Levels chatroom.
Good luck,
Ivan Labrie.
NVDA here, but need further confirmation of the top. If we get a smaller range day today, and we see a new daily low after that, or if we get a new daily low right away tomorrow, I'll short a half position then, risking $10.86 per share. I'll start building a position after tomorrow's close if the range is smaller than today's, and spread the selling over 1-2 weeks. Alternatively, if we see that within 3 bars, price doesn't hit 107.97, we'll get a low risk short signal, which would be a good confirmation of our fundamental thesis.You can check out the post by MichaelGoldin on the subject, he spotted this trade during one of our conversations at the Key Hidden Levels chatroom.
Good luck,
Ivan Labrie.
Nota
One more day to confirm the failure of the short term momentum here. If we don't hit 107.97 by Monday's close, we can add to shorts and reduce stops.Nota
I'm out since we hit the bullish target quickly.Trade attivo
Shorted at $110.90Trade chiuso manualmente
Banked the short (for now)
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.