NVDA Trading Plan: Technical Analysis & Strategies for Dec. 4, 2024

04/12/2024 8 min
NVDA Trading Plan: Technical Analysis & Strategies for Dec. 4, 2024

Listen "NVDA Trading Plan: Technical Analysis & Strategies for Dec. 4, 2024"

Episode Synopsis

This technical analysis outlines potential trading strategies for Nvidia (NVDA) stock. Price action, including support and resistance levels ($137.75 and $140.82 respectively), and key liquidity zones are identified. Scalping and swing trading strategies are proposed based on these levels, incorporating volume confirmation and MACD indicators. Breakout above $140.82 or pullback to $137.75 are the primary scenarios considered. The analysis emphasizes risk management and clarifies it is for educational purposes only.📊 For detailed charts and full technical analysis, visit:👉 TradingView Profile - BullBearInsightsStay ahead of the market and access expert insights to guide your trading decisions! Hosted on Acast. See acast.com/privacy for more information.