NVDA started to sell off hard just minutes before the open. Don't know the reason and I was surprised. Day prior was strong and it gapped up over night.
Out of the Open it sold off further.
Support 155 153 152 150 148
Resistance 158 159 161.50 163.50
The Selloff took away all my support plans. I knew 152 is major support. It tested, broke, but always closed above. Unfortunately the selloff at the Open made VWAP bad and although I saw a large Decision-Candle form and took a stab I did not like it and was afraid it would sell off further.
Break-Even Trade. Better be Safe.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-01-25 09:33:00 | NVDA | buy | $152.590 | long |
2019-01-25 09:34:00 | NVDA | sell | $152.600 | 0 |
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