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Nvidia share price drop will be very difficult to stop

Nvidia share price drop will be very difficult to stop

Dec 14 2021

by Michael Wallenberg
Analyst AZA

share:

Nvidia share price drop will be very difficult to stop

Nvidia share price drop will be very difficult to stop

NVIDIA shares fell sharply in the stock market. Only the support level of 280.00 looks like the last hurdle for the bearish traders. American indices are losing their value in the market now. There is a high probability that this support level will be broken. We are placing an order to open a position slightly below this support level. In case of opening a position, our target in this trade will be almost 500 pips.

Symbol: NVIDIA
Order Type: Market - Buy Stop
Entry Price at 279.80
Take Profit at 275.00
Pips Earning: 480

Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1255
USDJPY buy at the price of 114.00
GBPUSD sell at the price of 1.3215
USDCHF buy at the price of 0.9260

The result of a trade recommendation.

The result of a trade recommendation.

The profit can be $480.00 if the trading volume of 100 Shares.

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