NVIDIA Corporation
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NVDA - 7.01% Potential Profit - Breakout + Bull Flag

177
Be careful, this is an earning play. I don't usually trade on earning days, however, I have good reasons to believe that NVDA's call will be positive today. This, however, doesn't necessarily predict a good outcome. Be careful.

Bull flag formed, past a corridor breakout.

Target price set at new Resistance bounce.

- Strong Uptrend
- RSI and STOCH above 50
- MACD above Signal

Suggested Entry $492.07
Suggested Stop Loss $475.24
Target price $527.19

Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
Nota
Updated:

Suggested Entry $484.87
Suggested Stop Loss $470.74
Target price $527.19
Dagangan ditutup: sasaran tercapai
5.35% profit

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.