Thnacks

Possible retrace to neck line

Short
Thnacks Mis à jour   
NASDAQ:NVDA   NVIDIA
NVDA is hitting resistance around the 230 mark. This is a confluent support/resistance line. I would like to see a retrace to the neckline before heading to the break out target. Price is overbought on the RSI and the MACD is beginning to roll over.

Not financial advice.
Commentaire:
I shorted NVDA in the mid 220s and closed my position at 210. Earnings and CPI and next week. If NVDA goes up I will be looking to short in the 230s or looking to go long at the neck line.

Not financial advice
Commentaire:
Price has hit the target from the r-H&S. I bought a put today in the 270's. The daily candle is a big rejection so we will see what the follow through is. RSI and MACD show divergence.
Clause de non-responsabilité

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