Ok, who wants to Friday swing trade NVDA?
Here's what we're looking for..
1. Pre market to test $99 to $103 range. I'll give it through the first hour of trading.
2a.
If it does not but goes sideways or up through 10:00 central time,
likely no trade.2b. If it does, enter above $99.25 on signs of a bottom being in with stop just below the low.
A break below $99 means no trade.3. Once it breaks through Thursday high / pre-market high, move stop up to that point.
4. Once above $107 (if pre-market high never reached that level) move stop to there.
5. Target for sell by end of day would be $110-$111 range. Outside chance it sees $113-$115 level.
$7-$10.75 profit potential per share on minimal risk if executed with plan.
Again, this is a contingent setup. If it doesn't play out as expected, we don't trade.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)