Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
$NVDA heading toward critical support / LONG ENTRY @ SUPPORT
NVIDIA
Long
$NVDA heading toward critical support / LONG ENTRY @ SUPPORT
By PennyBois
Follow
Follow
Aug 2
3
2
2
Aug 2
NVDA
shares have traded lower after touching on previous target ($!40) highs.
Expecting the potential for more draw-down to $95 - $97, which keeps us at the midline for trend support (bullish).
Eyeing long opportunities at that support level, with firm stop-loss below.
Expect volatility with the
VIX
exploding to $29+ in today's trading session.
I am long
NVDA
with a $32 cost basis..
Currently holding 3/25 expiration $130 calls with a 20% ROI, so far.
Beyond Technical Analysis
Fibonacci
NVDA
optionsstrategies
stocksignals
Support and Resistance
Tesla Motors (TSLA)
VIX CBOE Volatility Index
PennyBois
Follow
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.