NVIDIA Bulls Charge into Uncharted Territory with Confidence

3月6日

After NVDA successfully weathering a weak environment in the last season (yesterday) , today the AI darling appears strong and ready to achieve new gains.

AST Score trimmed the alarm yesterday, signaling a potential local top despite a weak market environment, today things look brighter again. Our indicator shows strength, as the base (beige) line crossed the blue panel, indicating that the bulls are in control once more!

Furthermore, our Random Variable indicator is signaling favorable conditions with the light green light on!

Talking about yesterday, I really admired how NVIDIA bulls defended the lines despite a very weak performance by the MAG-7 group, especially considering the grim show put on by TSLA and AAPL.

In a nutshell, NVIDIA has silenced the alarms and is poised to soar to new highs in uncharted territory.

Don't forget to follow me; I'll keep you updated on the latest NVDA trading best moves.

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3月8日

注释

Navigating Volatility: Our stop level (indicated by the white point around the price) allows room for potential high volatility amidst today's job numbers. Regardless of the final print, I anticipate prices will continue in an upward trend, supported by the AST Indicator and Random Variable signals. I'm bullish on NVIDIA's sustained uptrend and feel confident in maintaining this long position, with my attention already on next week's developments.

3月12日

注释

The jump in Friday's volatility was astonishing. As discussed in my previous update, the stop level needed and utilized all the space it had; in other words, it was properly set at the right distance. Now, after a bearish Monday, which exhibited much less aggression from sellers, we are gearing up for another event that could shake things up.

Our stop level continues to protect our position adequately from a statistical standpoint, so we remain long and await the continuation of the bullish trend.

3月13日

注释

We successfully navigated through very challenging days. Thanks to our stop responding appropriately to the extreme volatility conditions we accurately anticipated in last Friday's comment, we now leave behind those two significant economic events and head towards another crucial date: Triple Witching Friday.

Today, the AST Indicator and Random Variable continue to indicate a very strong market, so I remain bullish and await new highs.

For those interested in delving deeper, I've published a script (found it in my profile) that enables you to utilize the stop calculator showcased in these ideas, which performed exceptionally well last Friday.

3月15日

交易开始

Finally, the options expiration day has arrived, an event of crucial importance with the potential to create strong turbulence.

At the current price, we are near our original entry point, with the stop level set at 832.93, which has already been tested and should work well if today's volatility does not exceed that of last Friday.

The expectation is to patiently wait for this OPEX day to pass, trusting that our stop will be able to manage the resulting volatility, thus preserving our long position. I'd really like to maintain this long exposure to any announcements that may occur in Monday's conference.

The AST indicator and the random variable signal continue to tilt bullish on both the weekly and daily charts. For this reason, even if the stop level is triggered, I will actively seek to reestablish a buying position, preferably at lower prices than the stop, taking this opportunity to improve the entry price.

I even consider today a good day to use BTD (Buy The Dip) strategies, with limit orders seeking to take advantage of very negative prints during today's session.

3月19日

交易手动结束

Taking into account that tomorrow the decision on interest rates will be announced, and in my opinion, this event creates a scenario where the risk leans undesirably towards the downside, I consider it optimal from a risk control standpoint to take profits in this position and wait for both the rate announcement and the subsequent press conference where Powell will explain the details of the announcement.

Why do I consider the risk to lean unfavorably towards the downside?

Because the latest known inflation data are showing that its behavior is deviating from the path desired by the Fed, indicating the possibility of a "plateau" effect, where its decline may have stopped without returning to the target level of 2%, and therefore Powell may appear more hawkish than expected, and even the dot plot may change radically for the same reason.

I would like to clarify that my overall view remains bullish, but I prefer to approach this event with a neutral exposure (risk), and subsequently reinstate this long position once the dust settles.