@Optionspuppy:
$NVIDIA(NVDA)$ Why I Sold NVIDIA (NVDA) at $133.23: A Technical Analysis Approach Yesterday, I sold my NVIDIA (NVDA) shares at $133.23. This decision was driven by clear signals from Exponential Moving Averages (EMA) and the Directional Movement Index (DMI), both indicating that NVDA’s bullish momentum was losing steam. Here’s a breakdown of the analysis that led to my decision: 1. Exponential Moving Averages (EMA) Indicate Weakening Momentum 📉 The EMA indicators on the chart pointed to a slowing uptrend, suggesting that NVDA might struggle to push higher: • EMA5 (132.54) and EMA10 (134.06) were very close to the selling price of $133.23, signaling short-term resistance. The fact that EMA10 was slightly above the selling price suggested that