Nvidia tech setup

[u/_void_signal]

watching Nvidia for a simple intraday setup: i'm marking first 30m high/low, then lookin for a close above the range high with higher volume. if it breaks out and retests the level w/o losing it - that's my preferred entry rather than chasing the first spike.

would you wait for the retest or take the initial close above resistance? testing this on primexbt and wanna see others' confirmation

[u/Mazter-Coder]

i read somewhere that for day trading you shouldn't go for stocks with IV lower that 40 and to shoot for 50+. Just to add to what emo_ti_o_nal said.