NVDA
Update on $NVIDIA (NVDA.US)$ , as it reaches the all-time high yesterday, we are looking at the next resistance level at $336.53.
✅ RSI is above 50.
✅ The MACD is positive.
✅ Bollinger Bands is forming a rounded bottom. Directional view – Bullish bias, NVDA has been increasing since “EU set to launch a formal probe into Nvidia’s $54bn takeovers of Arm” announced. https://on.ft.com/3wkAfPz
💭 Trade Idea
🔊 We will be taking a “hold” position currently.
🔊 Entering a long position with taking profit at R1
🔊 Bullish view will be invalidated if the price drops below S1. Stop Loss to be set at S1. p.s. encourage to adjust based on personal risk and return preference. Current price: $298.01 Opening price: $296.45 -1.56(-0.52%)
✅ RSI is above 50.
✅ The MACD is positive.
✅ Bollinger Bands is forming a rounded bottom. Directional view – Bullish bias, NVDA has been increasing since “EU set to launch a formal probe into Nvidia’s $54bn takeovers of Arm” announced. https://on.ft.com/3wkAfPz
💭 Trade Idea
🔊 We will be taking a “hold” position currently.
🔊 Entering a long position with taking profit at R1
🔊 Bullish view will be invalidated if the price drops below S1. Stop Loss to be set at S1. p.s. encourage to adjust based on personal risk and return preference. Current price: $298.01 Opening price: $296.45 -1.56(-0.52%)
(Just started using moomoo, will be starting with feeds and analysis first)
$NVIDIA (NVDA.US)$ $NASDAQ (200302)$
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