$NVDA heading toward critical support / LONG ENTRY @ SUPPORT

2 Ağu

NVDA shares have traded lower after touching on previous target ($!40) highs.

Expecting the potential for more draw-down to $95 - $97, which keeps us at the midline for trend support (bullish).

Eyeing long opportunities at that support level, with firm stop-loss below.

Expect volatility with the VIX exploding to $29+ in today's trading session.

I am long NVDA with a $32 cost basis..

Currently holding 3/25 expiration $130 calls with a 20% ROI, so far.