NVDA: Week of December 18

18 Dis 2023

NVDA is looking like it wants to go a tad higher, based on the chart alone. Though I am not confident it's going to go for the high targets.

If you are going to trade it, I would def take profits when you're up on this one because, while overall the momentum is bullish, its not very convincing.

That said, this will probably make an attempt at re-testing ATHs before EOY. So if we do get a dip, I would be long-biased.

watch those conditionals, if you followed my NVDA ideas for some time, you will know by now NVDA generally gets right to the point with those conditionals, so let's see what happens! haha

Safe trades everyone!

18 Dis 2023

Nota

NVDA Levels for tomorrow:

18 Dis 2023

Nota

As I said before, not realy expecting NVDA to make it to those high targets, but we did open over the thresholds which means... threshold re-test is imminent. May happen sooner than later:

19 Dis 2023

Dagangan ditutup: sasaran tercapai

We moved back to the threshold as I indicated above and kind of lingered there for most of the day. Kind of a rangey day today across the board Though it does seem that htis may make an honest attempt at bouncing to the high targets.

Its definetly not bearish, we have a very strong hold of the conditional levels. So we will see what happens. Though you know what is more worthwhile right now than NVDA? ITs actually AMD. It has been pumping nonstop for the psat 2 weeks. It may make for a better play and its not really following the rangeyness that most tech stocks are kind of victim to right now.

Current Outlook for NVDA: Slight bullish, likely tag of PH1 if we continue holding conditions into tomorrow open.