NVDA - SHORT POSITION
Diupdate
We observe that NVIDIA stock has formed a double top pattern, indicating that the price may continue in a bearish direction in the short term.
If the price breaks the support level of the double top pattern, a short position can be taken.
The target level for the double top formation is $101.57.
However, if the price comes back up and closes above the upsloping support line on the daily timeframe, this trading idea will be invalidated, and the short position should be closed.
If the price breaks the support level of the double top pattern, a short position can be taken.
The target level for the double top formation is $101.57.
However, if the price comes back up and closes above the upsloping support line on the daily timeframe, this trading idea will be invalidated, and the short position should be closed.
Trading ditutup: target tercapai
Target reached. Congratulations
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