NVDA Trade on Dec 23, 2016 12:49 from tee: Tradervue User Stock Trades.

I'm shorting based on a double top potential on the daily. If it drops further and closes down from here, it could be a Tweezer Top formation. Second catalyst is intraday, it's showing my overbought/reversal triggers with a legitimate level as resistance on the charts. Target is VWAP/60ema with potential to Mid Pivot @ $107.50.

Another attempt for me to anticipate a move vs wait for confirmation. I missed the first chance at $108.75, stock dropped to the S1 pivot point $108.48. I watched for a lower high 5m candle and it showed it. Entered at $108.69. Old me would have waited for a break under S1 at $108.48.

Stock went right to the 60ema to the penny. Instead of covering there I went by yesterday's experience with GNC that flushed past my limit buy and through the target, giving opportunity to keep going. Today I watched to see if it would flush but it didn't. I used the high of the 5m candle that hit target as my stop out. What I learned was I should have covered since it didnt blow by my target in one move as the GNC trade did. This proved that support existed as I anticipated and that should be enough reason to take profits. Predictable move done, risk/reward now changed, time to leave and move on.