NVDA Trade on May 15, 2020 09:36 from Donutbreath: Tradervue User Stock Trades.

QQQ has shown notable strength vs. other SPDR ETFs and NVDA a leader within QQQ. We saw a lower open with QQQ holding further consolidation. NVDA was looking for an hourly HL and saw a bit of buying in Pre market action. NVDA saw an initial pop into the intraday pivots. We noted an initial rejection from 320 pre-market price level. Price pulled back to test the LOD and we bottom fished this level using 314.96 as our stop.

We were anticipating a 5m LH so we sold 1/2 into the initial pop to remain protective and be risk free, stop under the LOD at this point. Price again tested the LOD and we bought another position to flip, as the price looked to most likely form a 2m EQ. As price again started to bounce with bulls defending the LOD we sold this position to improve our core average.

Price formed the 2m tightening range and broke bull. We sold another chunk as price just broke the 320 resistance, and were going to ride the remaining position (now 1/4 of original) with the 5m HLs - as we were anticipating an hourly LH under 324.77. Price reached 322's and was over bought on the 5m and 2m. Instead, we sold our final position into strength as we knew bulls needed at least a 5m HL.