NVDA Trade on Feb 15, 2019 09:34 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

NVDA reported Earnings the night before and gapped up hard after to drop and trade lower in the after hours and continued to do so during premarket. As NVDA traded higher in the prior day I assumed it was profit taking and had a bias to the short side.

Support below at 161 156
Resistance 169 175 182

Volume was good out of the open and remained very well throughout the day. Very odd in comparison to the weeks/months prior with far less volume and movement.

NVDA chopped a bit out of the open, but quickly sold off. When it traded into the 161 level I watched closely. NVDA dipped below 161 and found a bid. Used the break back above 161 for an entry and was quick for a good fill. Good, Markus!

Unfortunately NVDA traded very wildly and jumpy. Into 162 I did miss my partial as the move was just a spike. On the way lower I hit the bid but was filled very close to my entry. NVDA seemed very weak and I took the trade off when the offer dropped 161.

161 held after all, but I traded very very insecure and without much confidence in my approach.


Execution detail:

Date/time Symbol Side Price Position
2019-02-15 09:34:00 NVDA buy $161.007 long
2019-02-15 09:34:00 NVDA sell $161.290 long
2019-02-15 09:34:00 NVDA sell $160.930 0


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