TrueTraderOfficial

Sunday Prep 8/22 - $NVDA

Long
NASDAQ:NVDA   NVIDIA
After the big pullback from earnings this chart is looking a lot nicer now. Of course I would prefer a longer base to be built. But we don’t always get what we want. I can really see this being 220-225 near-term. Looking for a quick pullback/morning weakness to put us right in that 202 area for a scoop. If instead wants to gap up or just push hard off the open, I will be patient for retests of the 52w highs to see if a trend starts to form. This has a lot of range and can fall apart even on strong days if the market decides to get weak. So NO CHASING!!!



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.