NVDA Trade on Mar 21, 2022 09:42 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

Huge rally from $210s with 5 consecutive green days, now in-front of significant resistance (had been rejected here in the recent past)=important previous daily support pivot=20SMA@weekly=$271.

If sellers are to reject price, that's a good spot, especially given the way we shot higher (in a straight line, no pullback) + same goes for the indeces esp. SPY, Qs.

-- Got short Tier 0 size, risking 1xATR=$14 above the level $284s
-- Will look to add another tier and tighten stop once we have more clarity and see where seller steps in.
-- Expecting brutal rejection here, hold below $271, roll over and make its way back towards $250s
-- 1st target $250, then recent low $210s

03-22-2022
Added as obvious seller in-front of $271 holding it down. Stop $280s for now.

03-24-2022
Flat per plan, and wrong.

image


Execution detail:

Date/time Symbol Side Price Position
2022-03-21 09:42:29 NVDA sell $269.310 short
2022-03-22 10:45:15 NVDA sell $270.290 short
2022-03-23 09:49:51 NVDA buy $257.300 short
2022-03-24 11:24:15 NVDA buy $276.190 short
2022-03-24 11:42:39 NVDA buy $280.170 0


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