NVIDIA to ATH $153 until end of 2024 (16% ROI)

2024년 12월 16일

With NVDA , we are currently in a promising position to see a final exaggeration into the end of the year. The stock has risen over 180% percent in 2024 and I think we have a good chance to make 200% out of that. Looking at the chart we can see a clear uptrend trendline starting in August this year with multiple touchpoints along the line. Since October we're consolidating within the range from $131 to $153. After touching the trendline on thursday last week we're good to go higher (at least for now). Resistance will be the current ATH at $153. If we fail to hold the level at $131 on the daily chart the trade will be invalidated. That leaves us with 16.54% ROI in total.

Target Zone

• $153.00
  

Support Zone

• $131.00
  

2024년 12월 18일

액티브 트레이드

The trade was invalidated the moment the daily closed below $131. But yesterday, a nice intraday reversal amongst semiconductor stocks took place. That might be the sign of a bear trap. Entering the trade at $130 or slightly below could be a good chance. If we bounce lower from the now resistance at $131 the trade is finally over. Until then this could be a liquidity grab.

2024년 12월 20일

매매 수동청산

Well, NVDA is a fun stock to have these days. After the liquidity grab, we got a strong bounce back over the horizontal support, just to be pulled back by our friend Jerome. The setup above is not valid anymore; the VIX has risen dramatically, and we're awaiting more pressure from PCE today. I leave it to you guys and lads if you want to remain in this trade. I closed some on the way up before the Fed meeting (half of it) and will close the rest premarket—no need to sit at the Christmas table and cry over NVDA losses.