NVDA Trading Strategy: Scalping and Swing Trading

03/12/2024 16 min
NVDA Trading Strategy: Scalping and Swing Trading

Listen "NVDA Trading Strategy: Scalping and Swing Trading"

Episode Synopsis

This analysis predicts the near-term price movements of NVIDIA (NVDA) stock. Technical indicators like the MACD and support/resistance levels at approximately $132, $136, and $140 suggest potential price changes. Trading strategies for both scalpers and swing traders are proposed, with specific entry and exit points. Volume is highlighted as a crucial factor in confirming breakouts. The author emphasizes the need for risk management through stop losses and conducting independent research.📊 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.