1. NVIDIA (NVDA)
Price Action (Aug 18–22):
Closed at $177.99 (+1.72% on Aug 22) but down -2.21% for the week.
Key Levels:
Resistance: $179.56 (Aug 22 high) → Critical breakout level.
Support: $143.26 (Aug 22 low).
Volume/Volatility :
Average daily volume: 172.79M (Aug 25 volume slightly above average).
Implied Volatility (IV): 47.93% (IV Percentile: 39.2%), indicating moderate options pricing.
Options Sentiment:
Call/Put Ratio: 1.63 (bullish skew).
Bulk orders show heavy selling of Sept $185 calls and $187.5 calls, suggesting skepticism about near-term upside.
Trade Setup:
Entry: Break above $179.56 with volume surge.
TP: $184.48 (52-week high).
SL: Below $175.40 (Aug 20 low).
Risk/Reward : 1:2.5 (high volatility demands wider SL).
2. Advanced Micro Devices (AMD)
Price Action (Aug 18–22):
Closed at $167.76 (+2.47% on Aug 22) but down -4.76% for the week.
Key Levels:
Resistance: $174.77 (Aug 22 high).
Support: $158.37 (Aug 22 low).
Volume/Volatility :
Average daily volume: 44M (Aug 25 volume slightly below average).
IV: 47.17% (IV Percentile: 30%), with Call/Put Ratio 1.94 (bullish bias).
Options Activity:
Heavy buying of Sept $185 calls and Aug $167.5 calls, signaling bullish bets.
Trade Setup:
Entry: Break above $168.53 (Aug 25 high) with volume confirmation.
TP: $174.77 → $180 (psychological resistance).
SL: Below $161.80 (Aug 25 low).
Risk/Reward : 1:3 (moderate volatility).
3. Super Micro Computer (SMCI)
Price Action (Aug 18–22):
Closed at $43.88 (+3.71% on Aug 22) but down -4.32% for the week.
Key Levels:
Resistance: $46.65 (Aug 22 high).
Support: $41.63 (Aug 25 low).
Volume/Volatility :
Average daily volume: 24.09M (Aug 25 volume below 50-day avg of 86.9M).
IV: 64.42% (IV Percentile: 1.6%), reflecting extreme options pricing.
Options Sentiment:
Call/Put Ratio: 2.36 (bullish), but heavy selling of Aug $45–$48 calls suggests profit-taking.
Trade Setup:
Entry: Break above $44.10 (Aug 25 high) with volume spike.
TP: $46.65 → $50 (round number resistance).
SL: Below $41.63 (Aug 25 low).
Risk/Reward : 1:4 (high-risk, high-reward due to elevated IV).
Key Risks & Market Context :
Sector News: Semiconductor stocks surged in Asia (Shanghai Composite +3.36% ), but U.S. tech slumped ahead of Powell's speech.
Fed Policy: Market pricing in potential rate cuts; monitor Powell's remarks for volatility triggers.
Volume Divergence: SMCI's low volume rebound raises caution; prioritize NVDA/AMD for higher liquidity.
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