Trade review on July 2017 NVDA
As shown on above chart is Day chart.
1st Option purchase on 23 Jun 17(label B). is about drop after 4 days saw a green candle rebound.
when purchase end of trade day it become hammer and next day after keep drop for another 3 days.
the portfolio in short turn become >80%. sell on 10 July 17. (5% profit)
Review back
the purchase on this is risky as purchase on the first rebound. but catch up in the mid of down trend.
shall wait for 2nd candle to be clear on the trend direction before buy in.
2nd Option buy on 7 July after 2 days of side way. No further drop beyond the red candle. and start to trend up. Sell on 10 July 17. (22% profit)
Review back
Too urge to sell even after gap up trend is shown. normally gap up will lead to higher up trend. mistake on this is sell too soon. but due to the up almost near to recent resistance. may consider wait for another day to decide if to sell out.
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