RaginCajun Thu May 1, 2008 3:57pm EST 5 Comments
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What’s moving the stock? What sort of catalyst are you looking for, or is it just a move into tech and NVDA is one of the strong players in the sector?
From a technical perspective, that is the cleanest “double bottom” formation I have seen in a long time. The move into tech helps, as seen in the volume over the last two sessions.
I’d throw a stop near $20 and take profits at no less than $24.
Again, love this idea. The options are cheap as shit, relatively speaking.
I love NVDA 22.5 calls
bought some today, 22.5
Same.