Shared by
boldandnuts
NVDA still weak and a bad average
Support: 161.50 (short below) 157.30 153 150 147
Resistance. 163.50 170.35
$NVDA broke down immediately with the Open. I did not want to chase it but had it on watch for continuation after reporting Earnings the prior trading day.
For my first entry I did not have a reason! NVDA showed some support, but 156 was NO level! I gambled and added to it as it got lower instead of waiting for the levels I had.
Starting at 153.50 would have been great to start, but would still have been too early! Still, my average would have been much better!
I did good on my adds and NVDA put in a beautiful Bottom Bounce. Really was mad at myself for missing this by being too early and impatient.
Started to take off the trade too early and finished the trade with a loss! Not acceptable.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-11-19 09:47:00 | NVDA | buy | $155.998 | long |
| 2018-11-19 09:52:00 | NVDA | buy | $154.150 | long |
| 2018-11-19 09:59:00 | NVDA | buy | $153.589 | long |
| 2018-11-19 10:05:00 | NVDA | buy | $152.000 | long |
| 2018-11-19 10:06:00 | NVDA | buy | $151.020 | long |
| 2018-11-19 10:12:00 | NVDA | sell | $152.500 | long |
| 2018-11-19 10:13:00 | NVDA | sell | $153.162 | long |
| 2018-11-19 10:13:00 | NVDA | sell | $153.350 | long |
| 2018-11-19 10:16:00 | NVDA | sell | $153.400 | long |
| 2018-11-19 10:19:00 | NVDA | sell | $153.800 | 0 |
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