NVDA - 7.01% Potential Profit - Breakout + Bull Flag

19 авг. 2020 г.

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.

20 авг. 2020 г.

Заметка

Updated:

Suggested Entry $484.87
Suggested Stop Loss $470.74
Target price $527.19

22 авг. 2020 г.

Сделка закрыта: достигнута тейк-профит цена

5.35% profit