NVIDIA (NVDA): Our Next Move After Predicting the Top

9月9日Just 14 days ago, we analyzed NVIDIA and concluded that we might see a small push upward followed by a pullback. We were correct, although the last small push didn't materialize. Still, we're pretty happy that we called the top on NVDA accurately, and perhaps some of you were able to capitalize on it. If so, that makes us even happier 😄

Since our last analysis, NVIDIA has fallen by 21%, bringing us into the area where we should be looking for long positions. We're about to do just that, even though it's risky. We're planning to enter a long position on NVIDIA, with our stop loss set below the end of Wave (4) for invalidation. We don't have a specific target set for NVDA, and we'll be monitoring it closely. Given the risk involved, we won't be over-leveraging here.

Let's see if we can get it right again!

3 天前

交易進行

NVIDIA (NVDA): Perfect Timing, Big Gains!

Here we go 🚀
What a nice entry on NNVIDIA; the timing was perfect and couldn’t have been better with the fact that the US government is considering lifting a ban that would allow the chipmaker to export advanced chips to Saudi Arabia, according to Semafor. This would be a great catalyst as we are up over 13% on the position after just 5 days 🔥.

However, NVIDIA is volatile, and we want to ensure we secure some profits on the way up while preparing for the next pullback. Therefore, we are personally taking a small portion off and moving our stop loss to break even to be secured in case this news turns out to be fake.