Double top on NVDA? Look at 118!
- A double top is not a double top until neckline gets broken
- A lower high formed on 11 July does bring that potential into play
- It is all about 118 upcoming
- With earnings way out to 15 Aug, that 118 play might not happen yet
- A double top playing out is to 100/102
My plays
- Have multiple puts strike 85, 95, 100
- Will look to add when 118 plays out
NVDA Daily 14 July 2024
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Double top means will down or up soon ?