NVDA
This stock has a lot of LONG fanboys holding bags praying.
After making a series of lower lows and failing to make higher high, price broke trend and fell below 50ema.
Price has since found itself in a sideways range between 211- 269.
Price is currently at resistance level, stochastic is “over-bought” and MACD is below 0 in bear territory.
Price is in area of value. This is my cue to enter trade
Entering trade short
Entry: 261.27
Stop Loss: 282.98
Target: 214.11, +18.05%, 2.14 RR ratio
This stock has a lot of LONG fanboys holding bags praying.
After making a series of lower lows and failing to make higher high, price broke trend and fell below 50ema.
Price has since found itself in a sideways range between 211- 269.
Price is currently at resistance level, stochastic is “over-bought” and MACD is below 0 in bear territory.
Price is in area of value. This is my cue to enter trade
Entering trade short
Entry: 261.27
Stop Loss: 282.98
Target: 214.11, +18.05%, 2.14 RR ratio
交易進行
Trade still active註釋
Gotta love the false breakout and price falling back below resistance. Bears continue to show off their strength here.交易結束：目標達成
Exit: 214.11, +18.05%, 2.14 RR ratio
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