Shared by
boldandnuts
NVDA made another leg up and I kept watching it with 157 and 158 above for possible resistance.
First Entry was a bit too early. NVDA traded above 157 but reversed hard on a spike. I was quick and took a stab on the break of the full dollar.
NVDA pulled back just a little to make yet another leg up. I stuck with it as i figured 158 would be around the corner.
NVDA struggled above 157.50 and I watched closely and patiently. I saw this small Decision-Candle form at the top. On the next candle when it broke I took a stab, but was filled badly. It dropped so fast and I was too slow.
Took an immediate partial at break-even and the low of the move to stuck with the rest for a run of 158.
Highs never broke, but NVDA remained strong. Eventually took it off as there was no follow through yet.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-01-24 09:55:00 | NVDA | sell | $156.960 | short |
| 2019-01-24 10:00:00 | NVDA | sell | $157.430 | short |
| 2019-01-24 10:00:00 | NVDA | buy | $157.200 | short |
| 2019-01-24 10:08:00 | NVDA | buy | $157.140 | short |
| 2019-01-24 10:11:00 | NVDA | buy | $157.100 | 0 |
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