#NVDA $NVDA consolidation, looking to rip shortly

Started by OZER, Jan 02, 2022, 05:58 PM

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NVDA has consolidated over the last few days, and found strong support around 295. Prior to this week, it recently broke the downtrend/ bullish wedge , into its current pattern. Shorts have tried all week to drop this, along with very low volume . Finally tax loss harvesting for 2021 ended yesterday. I see this running, until tapering is done in March, and rates indicated to rise with a set date.

Once the rates become in effect, this will correct.
All content is for education purpose only, not financial advices.

Thanks for this content bro, I find it very useful for a beginner or anyone who try to learn how the market works.

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Many important Indicators are not explained well and not given idea of how to choose the entry & exit is missing.



Which  way better.  Learning     Fundamental  or technical analysis  ?


You are simple the best when it comes to explaining things.

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during your example trade at 44:57. would it not have been better in this instance to be less greedy, and lake a smaller profit. then reenter a new trade when it tested the support lines during the two times it came back down?    two trades, one with slightly less profit, and a second with full profit.