NVDA - One More Bounce Before Potential Drop!

9 set

I’m anticipating a bounce on NVDA at this level. Despite the prevailing bearish sentiment, I’m inclined to take this trade, as many are predicting further declines. I’m expecting one more bounce, potentially forming another lower high, before a drop to the sub-90s.

This is a critical juncture for me, so I’m opting to capitalize on the opportunity now.

• The trade is set for this week.
  

11 set

Trade attivo

August CPI inflation seems to be aligning with a slightly below-target rate. The key event now is the FOMC meeting on September 17-18.

I’ll reduce my position here and keep the remainder invested toward the final target.

11 set

Trade attivo

Nice move today.

It should slow down after tomorrow, but overall, this was the bounce I was expecting.

11 set

Trade chiuso: obiettivo raggiunto

Good enough. Just at the gap.

I’ll let the market move for the remainder of the week to position for FOMC week.