NVDA Trade on Nov 20, 2018 09:35 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

Early Entries in $NVDA

Support: 127 114

Resistance: 140 144.75 (close) 150 and 156

NVDA held 133 out of the open and made a hard move up. When it moved to 138.50 and showed hesitation I opened a starter, but was too early. My add also was bad at 139 to eventually catch the height at 140.50 for an average of 139.42.

Stick to your rules! Wait for the levels to hit!

When my first target order above 138.50 was missed by cents I took off half as it went back up through break even. 

I added back on the reject of 141.50. Still strong NVDA moved up further and I added 142 and 143 for a final add at 144.70. My average now 141.27 on 90 shares. 

My target order to lighten up at break-even was again missed by 3 cents and NVDA put in a lower high for a backside trade I did not add up into. Not even on the decline of 143. I eventually took off part of the trade into 141 and its break for more at 140 after a tiny pullback. 

NVDA spiked into 139 and missed my target again. It pulled back to find some resistance at 141 and I sold more into 140 on the way down to take another partial on the reject of 139 where I should have taken off the rest.

I really wanted to be patient and see the break of VWAP.

Trade#2 for a new high and weakness at 144

$NVDA tested 144.50 and I added back just above 144. NVDA consolidated a bit andn eventually broke down again. Caught the local low at 142, took off more 142.50 and rest at break-even when NVDA broke out for another leg.


Execution detail:

Date/time Symbol Side Price Position
2018-11-20 09:35:00 NVDA sell $138.500 short
2018-11-20 09:36:00 NVDA sell $139.240 short
2018-11-20 09:37:00 NVDA sell $140.510 short
2018-11-20 09:38:00 NVDA buy $139.290 short
2018-11-20 09:39:00 NVDA sell $141.350 short
2018-11-20 09:41:00 NVDA sell $142.084 short
2018-11-20 09:43:00 NVDA sell $143.150 short
2018-11-20 09:48:00 NVDA buy $140.700 short
2018-11-20 09:48:00 NVDA buy $141.040 short
2018-11-20 09:50:00 NVDA buy $140.090 short
2018-11-20 09:55:00 NVDA buy $140.140 short
2018-11-20 09:57:00 NVDA buy $139.410 short
2018-11-20 10:01:00 NVDA sell $144.064 short
2018-11-20 10:06:00 NVDA buy $142.070 short
2018-11-20 10:10:00 NVDA buy $142.500 short
2018-11-20 10:16:00 NVDA buy $143.500 0


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