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Nvidia (NVDA) - Edition #2
Nvidia (NVDA) - Edition #2 - Read the full update on Zelf Trade.
LR Guizado•
Nvidia (NVDA) - Edition #2
Short Term 🚀 Bullish 🚀
- Whoever jumped in on our Edition #1 trade idea, KUDOS ✅.
- Our trade idea was simple, we noticed price making a temporary bottom at around $120 mark with a huge bullish expansive bar.
- Below you'll see our chart analysis from July 3rd.
Tradingview link HERE
- We stated our ideal entry starting at $125 with target of $137.
- Price indeed retraced to our entry level and hit our target.
- This was a 10% swing ✅.
Tradingview link HERE
Now what?
- If you are still holding part of your position, we advice to place your stop loss at previous lows of $124.8 around break even.
- If you want to jump back in or for anybody on the sidelines wanting to take exposure, adding to your longs at $128 - $125 should be fine.
- If bulls are in control, price shouldn't dip below previous lows of $124.8 (stop loss).
- Our next target will be ATH of $141
Tradingview link HERE
Click HERE to review our full Nvidia - Edition #1 newsletter.
Disclaimer
Not financial or tax advice. Zelf Trade is not a financial institution. No content on this Newsletter is financial, accounting, legal or tax advice. Zelf Trade content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclaimer: This content was originally published on Zelf Trade.