NVDA Trade on Nov 23, 2018 09:32 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

Carefullly building a position in $NVDA 

Support 140 134

Resistance 145.50 147.50 150

$NVDA popped out of the Open and put in a nice run ignoring the first resistance. Into 147.50 I took a stab for a quick scalp to take half off. 

After that I somehow was very hesitant and did not add on the reject of 149, but waited instead and was faked into a breakdown of 148. Really bad trade.  I stuck with it though as the position was still tiny. 

When NVDA tested 149.50 I waited for a signal and added more to take another partial at 148 where we had found support before. Caught the bottom here. 

NVDA made another leg up on what looked like a strong move, but turned out to be a retest and reject of 149.50 for a lower high and perfect Backside-Trade I did not add size into. My mind was focused on 150, but we never got there. 

NVDA sold off for the rest of the day. I took  partial below 148 at VWAP and eventually off the rest to call it a day. To complete the day I had a fat finger trade and added a full tier instead of covering what is remained. Got filled the same price and I just lost some on commissions. 


Execution detail:

Date/time Symbol Side Price Position
2018-11-23 09:32:00 NVDA sell $147.490 short
2018-11-23 09:32:00 NVDA buy $147.110 short
2018-11-23 09:42:00 NVDA sell $148.190 short
2018-11-23 09:48:00 NVDA sell $149.140 short
2018-11-23 09:50:00 NVDA buy $148.150 short
2018-11-23 10:00:00 NVDA buy $147.860 short
2018-11-23 10:11:00 NVDA buy $147.550 short
2018-11-23 10:46:00 NVDA sell $147.550 short
2018-11-23 10:47:00 NVDA buy $147.530 0


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