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NVDA in PLAY - Huge Volume...

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#1 SemiBizz

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Posted 30 December 2016 - 09:19 AM

 

Both the last high and the last low are consistent with a retest...

 

We are at about .50R level here.

 

 


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#2 redfoliage2

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Posted 30 December 2016 - 11:09 AM

Let's see if 102.80 can hold, that is likely to be tested VST.  It looks that the selling just started.............


Edited by redfoliage2, 30 December 2016 - 11:09 AM.


#3 AChartist

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Posted 30 December 2016 - 12:42 PM

My RUT weekly cycle is really ugly

 

would most likely drop to 1280 area for RUT.

 

NVDA could be a short candidate.

 

I am really not trading because I reduced the stock accounts with a plan to

 

average in over 2 years and hope the gold allocation works in the meantime, to hold up the 

 

stock accounts that I have.

 

Lows in RUT should be at 16 and 25 weeks. May be useful to see what end of Jan Bradley turn looks like.

 

I am definitely against bonds, debt, income things and would rather take the pain coming in stocks however.

 

I'll try to get some UVXY calls after long weekend.

 

I increased the amounts I will cost average into stock accounts going forward made room in the budget for it.


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