NVDA (Daily chart) - holding over 140
Price Action:
-flag played out a few weeks ago
-hung around the 140 level
-currently >140; this is a key support/resistance line
RSI:
-not very helpful right now
-broke below the uptrend line
-made a double bottom
Plan:
-no position for swing (does not meet my strategy); from an investment standpoint, lets see how it responds to earnings
-eval W and M charts
-flag played out a few weeks ago
-hung around the 140 level
-currently >140; this is a key support/resistance line
RSI:
-not very helpful right now
-broke below the uptrend line
-made a double bottom
Plan:
-no position for swing (does not meet my strategy); from an investment standpoint, lets see how it responds to earnings
-eval W and M charts
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