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by u/daytrade_deniz·9d

Watching $NVDA on open today

Seeing $NVDA pre-market up ~2% after that analyst upgrade. Already extended quite a bit this week, so looking for a potential fade if it hits prior resistance around $920-925. Might be a good scalp setup if momentum wanes quickly.

4 comments · 170 points

4 Comments

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u/news_trader_max·7d

Any specific indicators you're watching for the fade? RSI divergence?

36
u/marcus_fx·8d

Volume looks decent, but feeling overbought.

33
u/risk_first_nadia·9d

Too hot to touch for me, waiting for a pullback to the 880s.

3
u/news_trader_max·7d

Agree, that 920 area is key. Could see a short squeeze if it clears it convincingly.

2

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