Top 3 Stocks for Day Trading on 14 Aug 2025 (CBA)

1. AMD (Advanced Micro Devices)‌

Technical Setup:

Momentum: Bullish breakout above $180 resistance (5.4% surge on August 13).

Volume: 108M shares traded (1.29x 30-day average).

Key Levels:

Support: $179.38 (August 13 low)

Resistance: $186.65 (52-week high).

Catalyst: AI chip demand acceleration vs. NVDA.

Trade Plan:

Entry: $184.50 (above August 13 close).

Take Profit: $190.00 (next psychological resistance).

Stop Loss: $179.00 (below key support).

Risk/Reward : 1:2.5 (2% downside vs. 5% upside).

2. NVDA (NVIDIA)‌

Technical Setup:

Pattern: Consolidating near $184.48 resistance (tested twice in August).

Volume: 179.9M shares (1.29x average).

Indicators: RSI at 58 (neutral), P/E 58.56 (high but justified by AI dominance).

Key Levels:

Support: $179.35 (August 13 low)

Resistance: $184.48.

Trade Plan:

Entry: $182.50 (breakout above August 13 high).

Take Profit: $188.00 (next resistance).

Stop Loss: $178.00 (below swing low).

Risk/Reward : 1:3 (2.5% downside vs. 7.5% upside).

3. TSLA (Tesla Motors)‌

Technical Setup:

Volatility: Amplitude of 3.16% on August 13.

Volume: 67.8M shares (0.8x average).

Key Levels:

Support: $338.20 (August 13 low)

Resistance: $348.98 (August 13 high).

Catalyst: Robotaxi/AI narrative persists despite earnings risks.

Trade Plan:

Entry: $342.00 (above August 13 close + momentum).

Take Profit: $355.00 (gap fill).

Stop Loss: $335.00 (below support).

Risk/Reward : 1:2 (2% downside vs. 4% upside).

Risk Considerations‌

High Valuations: NVDA (P/E 58.56) and AMD (P/E 106.38) trade at premium multiples.

Market Sentiment: Watch SPY’s $646 resistance for broader trend confirmation.

News Gap: No direct earnings/AI news found, but sector momentum remains intact.