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Magnificent Tech Stocks

Nvidia (NVDA) - Edition #2

Luis Ricardo Guizado

Luis Ricardo Guizado

— 2 min read
Nvidia (NVDA) - Edition #2

Short Term 🚀 Bullish 🚀

  • Whoever jumped in on our Edition #1 trade idea, KUDOS ✅.
  • Our trade idea was simple, we noticed price making a temporary bottom at around $120 mark with a huge bullish expansive bar.
  • Below you'll see our chart analysis from July 3rd.
upload in progress, 0
Tradingview link HERE
  • We stated our ideal entry starting at $125 with target of $137.
  • Price indeed retraced to our entry level and hit our target.
  • This was a 10% swing ✅.
Tradingview link HERE

Now what?

  • If you are still holding part of your position, we advice to place your stop loss at previous lows of $124.8 around break even.
  • If you want to jump back in or for anybody on the sidelines wanting to take exposure, adding to your longs at $128 - $125 should be fine.
  • If bulls are in control, price shouldn't dip below previous lows of $124.8 (stop loss).
  • Our next target will be ATH of $141
Tradingview link HERE

Click HERE to review our full Nvidia - Edition #1 newsletter.

Disclaimer

Not financial or tax advice. Zelf Trade is not a financial institution. No content on this Newsletter is financial, accounting, legal or tax advice. Zelf Trade content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

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Not financial or tax advice. All statements and expressions are the sole opinion of the company and are subject to change without notice. The Company is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial advisor, a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. No content on this website is financial, accounting, legal or tax advice. Zelf Trade content is strictly an information service and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions.