This one is so juiced up ... then add two 2x ETF to it ...
like NVDA alone is not enough ...lol ... NVDU /
NVDL ... this could be spectacular IF this is reversing one
day and start accelerating to the down side ...
Posted by DigiNomad on 17th of Jun 2024 at 02:37 pm
Interesting. I do see divergences on various indicators and
TF's, but the 15m is giving me solid high tight flag vibes with
MACD that just finished recycling down to zero. Another perfect
range starting on the 14th and we're in the top 3rd of the range.
Maybe I'll sell some call spreads though. It does seem like
it might lag as the market rotates to keep the squeeze going
with other names and gives it a little break.
Shorted NVDA with a tight
Posted by Ed_M on 17th of Jun 2024 at 02:17 pm
Shorted NVDA with a tight stop based on divergence with QQQ.
This one is so juiced
Posted by mla127 on 17th of Jun 2024 at 02:27 pm
This one is so juiced up ... then add two 2x ETF to it ... like NVDA alone is not enough ...lol ... NVDU / NVDL ... this could be spectacular IF this is reversing one day and start accelerating to the down side ...
Max target is 9 DMA
Posted by Ed_M on 17th of Jun 2024 at 02:30 pm
Max target is 9 DMA (currently 125.09)
What time frame? Would take
Posted by DigiNomad on 17th of Jun 2024 at 02:18 pm
What time frame? Would take balls of steel to hold that overnight!
Looking for C wave down
Posted by Ed_M on 17th of Jun 2024 at 02:23 pm
Looking for C wave down to Fib levels. Min 128.36 = 100%
Interesting. I do see divergences
Posted by DigiNomad on 17th of Jun 2024 at 02:37 pm
Interesting. I do see divergences on various indicators and TF's, but the 15m is giving me solid high tight flag vibes with MACD that just finished recycling down to zero. Another perfect range starting on the 14th and we're in the top 3rd of the range. Maybe I'll sell some call spreads though. It does seem like it might lag as the market rotates to keep the squeeze going with other names and gives it a little break.
I see that too and
Posted by Ed_M on 17th of Jun 2024 at 02:41 pm
I see that too and it's concerning hence the tight stop.