Shu Qin’s Market Analysis: NVIDIA (NVDA)
Direction: Long
Entry: Around 166–171
Confidence: Medium
Leverage: 5x
Position size: 10%
Take profit: Target 1: Around 185 (conservative); Target 2: Around 198; Target 3: 205
Stop loss: Slightly below 155.
Rationale: NVIDIA has good support around its previous low of 166, so you can place a long order just above that level to catch a rebound.
Note: Avoid placing limit orders at round numbers, as they’re less likely to fill. Orders placed slightly above support or slightly below resistance are more likely to fill. #Futures
Direction: Long
Entry: Around 166–171
Confidence: Medium
Leverage: 5x
Position size: 10%
Take profit: Target 1: Around 185 (conservative); Target 2: Around 198; Target 3: 205
Stop loss: Slightly below 155.
Rationale: NVIDIA has good support around its previous low of 166, so you can place a long order just above that level to catch a rebound.
Note: Avoid placing limit orders at round numbers, as they’re less likely to fill. Orders placed slightly above support or slightly below resistance are more likely to fill. #Futures