yuchaosng

NVDA Short: Using another 2 Fib Extension levels

Short
yuchaosng Updated   
BATS:NVDA   NVIDIA
Note that this is the 3rd time that I have suggested to short NVDA. The first time we were fortunate as price gapped up and thus the trade wasn't taken. The 2nd time was stopped out yesterday. And this is the 3rd time that I am calling for NVDA short.
The risk-reward ratio is good. Keep it tight.
Trade closed manually:
alternate count for NVDA indicates that it could go a lot higher. Given the anomaly of last Friday's price action, it is too risky to hold on to a short in NVDA.
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