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Sunday Prep 8/22 - $NVDA

Long
NASDAQ:NVDA   NVIDIA Corporation
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!!!


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