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	<title>
	Comments on: NVDA Trade Setup	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/nvda-trade-setup/#comment-2520</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Fri, 09 Sep 2016 15:49:32 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/nvda-trade-setup/#comment-2516&quot;&gt;Sau987&lt;/a&gt;.

Sau987- NVDA has triggered a short entry, as you point out &#038; is currently flirting with the S1 level (60.63) which I very much expect to give way soon as the semiconductor sector (SMH, $SOXX) has now clearly rolled over after the recent breakdowns. Most semiconductor stocks have a pretty tight correlation to the sector &#038; with the charts of NVDA confirming, I don&#039;t see any reason why NVDA won&#039;t continue lower if the sector does, as the chart continue to indicate. Also remember that the semiconductor sector is a leading indicator for the tech sector, which is pretty much the largest sector of the stock market &#038; what lead the market on the way up will likely lead on the next leg down.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/nvda-trade-setup/#comment-2516">Sau987</a>.</p>
<p>Sau987- NVDA has triggered a short entry, as you point out &amp; is currently flirting with the S1 level (60.63) which I very much expect to give way soon as the semiconductor sector (SMH, $SOXX) has now clearly rolled over after the recent breakdowns. Most semiconductor stocks have a pretty tight correlation to the sector &amp; with the charts of NVDA confirming, I don&#8217;t see any reason why NVDA won&#8217;t continue lower if the sector does, as the chart continue to indicate. Also remember that the semiconductor sector is a leading indicator for the tech sector, which is pretty much the largest sector of the stock market &amp; what lead the market on the way up will likely lead on the next leg down.</p>
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		<title>
		By: ben711		</title>
		<link>https://rightsideofthechart.com/nvda-trade-setup/#comment-2519</link>

		<dc:creator><![CDATA[ben711]]></dc:creator>
		<pubDate>Fri, 09 Sep 2016 15:48:39 +0000</pubDate>
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					<description><![CDATA[breaking down]]></description>
			<content:encoded><![CDATA[<p>breaking down</p>
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		<title>
		By: Sau987		</title>
		<link>https://rightsideofthechart.com/nvda-trade-setup/#comment-2516</link>

		<dc:creator><![CDATA[Sau987]]></dc:creator>
		<pubDate>Fri, 09 Sep 2016 15:30:44 +0000</pubDate>
		<guid isPermaLink="false">http://rightsideofthechart.com/?p=172595#comment-2516</guid>

					<description><![CDATA[&lt;a href=&#039;http://rightsideofthechart.com/members/rsotc/&#039;&gt;@rsotc&lt;/a&gt; can you please provide an update when you get a chance this just triggered]]></description>
			<content:encoded><![CDATA[<p><a href='http://rightsideofthechart.com/members/rsotc/'>@rsotc</a> can you please provide an update when you get a chance this just triggered</p>
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