NVDA Trade on Jan 11, 2019 12:31 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

NVDA made quite a big move once it broke out of this triangle it formed towards 145.

My Levels for resistance were 146 148 150.50

My first entry was way too early, but ok for a backside trade. For a couple of minutes it looked like NVDA would respect the Level and I stuck with it as it then rejected 147.

146.50 held support though. NVDA continued to climb higher on increasing volume.

My next add above 147.50 was way too early and there was no signal yet. NVDA started to consolidate here and in hindsight my entry would have been ok as there was a small decision candle on the backside that would have allowed for an add.

NVDA continued higher though and was strong. I was not worried to be honest.

I did bad on my next add at 148.50 as there was no signal! Just the half dollar.

On the last add where I added half a tier I was faked into what looked like a decision-candle. It was just the bid that dropped lows. Besides my fill there was no prints. NVDA kept printing on theoffer for a final move into 149.50.

As the Candle here felt way too wide with 50cents and NVDA traded very erratic I stepped back from adding here. I should have. This was the Candle I should have waited for with any adds.

My first exit was way too early. NVDA was just about to drop before I took my partial. Bummer.


Execution detail:

Date/time Symbol Side Price Position
2019-01-11 12:31:00 NVDA sell $146.760 short
2019-01-11 12:42:00 NVDA sell $147.650 short
2019-01-11 12:55:00 NVDA sell $148.510 short
2019-01-11 12:58:00 NVDA sell $148.880 short
2019-01-11 13:11:00 NVDA buy $148.420 short
2019-01-11 13:13:00 NVDA buy $147.880 short
2019-01-11 13:33:00 NVDA buy $147.830 short
2019-01-11 13:41:00 NVDA buy $148.260 0


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