NVDA Trade on Oct 15, 2018 09:56 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

$NVDA sold off out of the open as well and I had it on watch with support levels of 244 and 237.50 as well as resistance of 248 to 249.50 and long bias above.

I saw $NVDA had tested teh 241 area, retested a bit lower and just put in a slightly higher low to allow me to give it a shot as the market in general seemed to have found a bottom. I still expected the market to bounce a bit after the selloff last week.

At first it looked like NVDA would make a move but when it took too long and seemed like it would drop when it formed a decision candle, I took off the trade. It looked like it would drop a cliff as I have seen so many times. Very good decision. Good Trade.

On improvement I should have flipped the position and go short...


Execution detail:

Date/time Symbol Side Price Position
2018-10-15 09:56:00 NVDA buy $241.150 long
2018-10-15 10:00:00 NVDA sell $241.182 0


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