NVIDIALong
NVDA August 29, 2024: Pulling back to MA-50
Updated
On August 29, 2024, after earnings, NVDA pre-market is pulling back to its MA-50 and I think it is a valid buy point here.
As long as the price will trade above the MA-50 the trade can be considered working well.
The stop loss can be placed 2-3% below the MA-50.
NVDA pre-market is pulling back to its MA-50 and I think it is a valid buy point here.As long as the price will trade above the MA-50 the trade can be considered working well.
The stop loss can be placed 2-3% below the MA-50.
Trade closed: stop reached
As the price closed below MA-50 we sold our position.
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