NVDA has a daily Gartley pattern buying opportunity

4 ביולי 2017

NVDA

According to daily chart, NVDA has a potential buying opportunity between 134.77 - 135.92 (0.786 XA @ 134.77 / AB=CD @ 135.15 / 0.786AB @ 135.92 )

It could be a valid trade to put 1/3 of the limit orders at the different 3 prices with a stop loss point @ 126.99 , about 7% risk.
1st target price will be @ 0.382AD, which will be around 147; while if the trade worked and went at least above 140, I also suggest to put risk-reward stop at a few cents below 140.






AAPL

Also, BAT pattern can also be seen at AAPL's daily chart with an entry price at 141.95 with a stop loss point at 139.99.
The risk is much less than the NVDA trade, and 1st target price could be @147.77.