Trader_Ivankov

Idea about Nvidia

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NASDAQ:NVDA   NVIDIA
Nvidia is an American technology company, developer of graphics processors and systems-on-a-chip (SoC). The company's developments have become widespread in the video game industry, professional visualization, high-performance computing and the automotive industry, where Nvidia on-board computers are used as the basis for driver assistance systems. The company was founded in 1993. The headquarters is in Santa Clara, California. Revenue of $7.1 billion (Q3 2021). Capitalization of $3.7 billion.

The direction of movement of the tool 👇
A deal to break the support level of $278. Increased risk.

1) Closing the daily candle behind the level
2) Closing the daily candle at the lowest
3) There is a void at the bottom
4) Accumulation near the level
5) Trend movement

Short below $276.9 (entry by limit order)
Target 1: $270.2
Goal 2 (medium-term): $241

⚠If, after the breakdown of the level, the instrument begins to roll back to the entry point, it is necessary to close the position without hesitation.
⚠️If the instrument rolled back from the entry point by 40% ATR or more before the breakdown, then you should not enter the position.
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