When the Price of (NVDS) Talks, People Listen
May 13, 2024, 00:42 am ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for NVDS
- Buy NVDS slightly over 41.74 target 63.85 stop loss @ 41.62 Details
The technical summary data tells us to buy NVDS near 41.74 with an upside target of 63.85. This data also tells us to set a stop loss @ 41.62 to protect against excessive loss in case the stock begins to move against the trade. 41.74 is the first level of support below 62.22 , and by rule, any test of support is a buy signal. In this case, support 41.74 would be being tested, so a buy signal would exist.
- Short NVDS slightly under 63.85, target 41.74, stop loss @ 64.03 Details
The technical summary data is suggesting a short of NVDS as it gets near 63.85 with a downside target of 41.74. We should have a stop loss in place at 64.03though. 63.85 is the first level of resistance above 62.22, and by rule, any test of resistance is a short signal. In this case, if resistance 63.85 is being tested, so a short signal would exist.
Swing Trading Plans for NVDS
- Buy NVDS slightly over 63.17, target 63.85, Stop Loss @ 62.99 Details
If 63.17 begins to break higher, the technical summary data tells us to buy NVDS just slightly over 63.17, with an upside target of 63.85. The data also tells us to set a stop loss @ 62.99 in case the stock turns against the trade. 63.17 is the first level of resistance above 62.22, and by rule, any break above resistance is a buy signal. In this case, 63.17, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short NVDS slightly near 63.17, target 58.84, Stop Loss @ 63.35. Details
The technical summary data is suggesting a short of NVDS if it tests 63.17 with a downside target of 58.84. We should have a stop loss in place at 63.35 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 63.17, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for NVDS
- Buy NVDS slightly over 62.32, target 63.17, Stop Loss @ 62.17 Details
If 62.32 begins to break higher, the technical summary data tells us to buy NVDS just slightly over 62.32, with an upside target of 63.17. The data also tells us to set a stop loss @ 62.17 in case the stock turns against the trade. 62.32 is the first level of resistance above 62.22, and by rule, any break above resistance is a buy signal. In this case, 62.32, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short NVDS slightly near 62.32, target 58.84, Stop Loss @ 62.47. Details
The technical summary data is suggesting a short of NVDS if it tests 62.32 with a downside target of 58.84. We should have a stop loss in place at 62.47 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 62.32, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Axs 1.25x Nvda Bear Daily Etf (NVDS) available here: NVDS.
NVDS Ratings for May 13:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Weak |
Weak |
| P1 |
0 |
0 |
41.74 |
| P2 |
62.32 |
58.84 |
63.85 |
| P3 |
63.52 |
63.17 |
91.13 |
AI Generated Signals for NVDS
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Axs 1.25x Nvda Bear Daily Etf (NASDAQ: NVDS) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for NVDS can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for NVDS:
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