This is probably a spot where NVDA cools off

12 Mar

Nvda likes that 200 week moving average, i wouldn't be buying when it's trading this far away from it. Look for these two to meet in the future (no it won't be tomorrow...)

12 Mar

Not

i'm playing this with a stop at 927 weekly close, first target $808

23 Mar

Not

stopped out, but we are still very far off the 200 week moving average. That can only last for so long.

28 Mar

Not

first red weekly candle in 3 months

4 Nis

Not

back short after 875 broke, first target 808 then 730

5 Nis

Not

do we really think that gap at 823 wont be taken out..... please

9 Nis

Not

it took about 2 years from the top of Nov 21 to hit the 200 week, i'd imagine it will be a similar timeline this go around as well.

12 Nis

Not

If NVDA closes below 875 today that would be very bearish.

19 Nis

Not

what a move....