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How to Trade Using Market Structure | Brian Shannon CMT

The TraderLion Podcast

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NVIDIA - What if We Rallyed Up to the 40-Week Moving Average?

This is NVIDIA today. What if we had a similar type of action? So from that 2019 buy right here, if you bought right there, the rally at 686%. And now we're below all these king moving averages. Where does that lead Netflix? Here's just another example with Netflix. It was a complete piece of garbage through 2018, 2019, 2020. You didn't have to buy the dip. If you're truly in it for the long term, you bought it at 14, but you were down 30% a year later. Psychologically, you felt like a loser. I know you do. We've flown with this company. Why not wait for that 40-week

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