Chart Request: Nvidia Corp. (NVDA)

| 2 Comments

Nvidia sure is a popular stock -- I seem to get a request for it every other week. My outlook on it hasn't changed much since the last time I drew it up. It's showing great relative strength vs. the Nasdaq but it's real close to breaking its intermediate uptrend. NVDA looks like a short to me if it closes under 24.50 (the lows of last Tuesday and Wednesday) and a long if it can take out the mid-March highs around $26.


2 Comments

OSIP has now made a complete round trip from the huge gap up open of 12/17/2004. A case of shorts got slaughtered and new longs got slaughtered. Now, what was the great news that made OSIP gap up $20?

I know... I've been watching in disgust as OSIP drifted all the way back down. IIRC, the news was actually bad news for a competitor of theirs

check out my neighbors in meatspace


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Quoted

"You can't make money if you're not willing to lose. It's like breathing in, but not being willing to breathe out. Various types of exits will help you do this (i.e., breathe fully), including trailing stops and the percent retracement stop." ~ Van K Tharp
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This page contains a single entry by Michael published on March 28, 2005 7:53 AM.

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