NVDA Trade on Jan 31, 2019 10:19 from kerobo0000: Tradervue User Stock Trades.

2019-01-31 23:37:59
reasons for entry:

-overall the stock bottomed at a weekly LVN of above 124.50 and then looked as if it would break the resistance zone in a bullish manner (printed a long lower shadow / hammer daily candle), but broke hard to the downside but stayed within pivot zone with further support at the weekly LVN
-NVDA has been grinding up through the pivot zone since the beginning of january - its also had some nice trend and chart patterns - (there was one day this month the intraday chart made a very strong wedge consolidation in the morning and went straight up when it broke
-yesterday NVDA printed hammer candle at the bottom of the pivot zone which makes for an entry signal given: it crossed the 50sma (hourly) during the overnight session; the fed's dovish statement and leaving rates unchanged yesterday, positive AAPL & FB earnings; & bullish sentiment
-additional parameters: $ADD was steadily increasing this am and market began to rally with strength around 9am; strong hourly candle

-Note price made 3 waves up today; continue to monitor how price moves intraday on bullish setups
-Overall was very patient on the open; entered as soon as it broke out of morning consolidation; controlled risk and began reducing risk as soon as buying pressure began to slow
-very favorable risk to reward: risking -$126 loss with max potential upside of $2,374 if NVDA is above $165 by April
-will take off position as soon as there is a sentiment shift / the market turns (ideally I'll clear out the long calls and ride the short calls down)

2019-02-12 21:24:37
-exited position yesterday as it looked like NVDA would trade down on the day
-admittedly, closing this was me managing my PnL - I was also nervous about NVDA earnings on Thursday
-in hindsight, support at the 144-144.75 level held that morning and then began consolidating around HVN; should have given me comfort to stay in the trade
-today NVDA rebounded as it looks to make another approach to the pivot zone
-exited with $530 profit - captured 25% of max upside of $2,200
-with earnings coming up when I have size, size down/take profits and look to sell premium around core position