The NVDA (NVIDIA Corp) short swing trade has hit the final target, T2 at 203.68, for a quick 13.5% gain (12.2% beta-adjusted gain) in just 3 trading sessions. Although I believe this stock will head much lower in the coming months plus, as the final target, this trade & all associated posts will now be reassigned to the Completed Trade archives for future reference. Original & updated daily charts:
My long-term swing target calls for another 45%+ downside in NVIDIA so for those willing to ride out any potential counter-trend rally off the tag of this support level, consider lowering stops to protect profits at this point & let the position ride while either trailing or periodically lowering stops.