Kanon8260

Bullish Case for NVDIA Calls Leaps or Swing trade short term

Long
NASDAQ:NVDA   NVIDIA
Lets be clear NVDA despite horrible selloff from recent highs, was a result of overbought conditions, but right now is clearly oversold, and the current pattern to me looks like a ascending triangle, if breaks $162.53 levels go easy to $168-173 level in the coming weeks, BTW this company is still industry leader, every single gaming computer use NVDA because they are leaders,and is cheap and thats why these company was overthought is all about sentiment but you could buy calls $157.50 ITM OR 160 With a 2-3 Week period, stop loss 20%, or buy at these levels at sell it $169-178 level with a stop loss $155-150 GL to all!
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