longlive100
05-21

$NVIDIA Corp(NVDA)$ The pivot date on the chart is on the 22nd and since price action has been positive going into the pivot, it increases the odds that price will put in a high on that date and move lower afterwards.

I originally thought that we'd move down into the pivot and then earnings would send price higher, but now I'm learning towards price moving higher into the pivot and moving down after.

If we do move up tomorrow, and break $950, price is likely to move to the midpoint on the chart, $993 -1008 region by Wednesday.

Going to keep on building a put position into strength.[Happy][Happy][Happy]

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  • ColinThorndike
    ·05-22
    Your insights on the pivot date and price action are highly appreciated.
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  • OYoung
    ·05-22
    Interesting analysis on $NVDA.
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