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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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.
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.