1. NVIDIA (NVDA)
Key Metrics:
Closing Price: $170.76 (+1.46% | Volume: 157.55M)
Resistance: $174.71 (Sept 8 high) | Support: $143.30 (Sept 8 low)
Intraday Momentum: Strong afternoon rally with 11.84M shares traded in the final hour.
Technical Setup:
Breakout Trigger: Price action surged past $169.50 with bullish volume divergence.
Catalysts:
AI chip demand surge post-Q2 earnings beat.
After-hours price stability at $170.82 signals institutional accumulation.
Entry: $170.98 (above Sept 9 high)
Take Profit (TP) : $174.71 (resistance)
Stop Loss (SL) : $168.31 (below 15-minute EMA)
Risk/Reward : 1:3.5
2. Advanced Micro Devices (AMD)
Key Metrics:
Closing Price: $155.82 (+2.91% | Volume: 42.80M)
Resistance: $156.66 (Sept 10 intraday high) | Support: $151.93 (Sept 10 low)
Volume Analysis: 60% of daily volume occurred post-2 PM, signaling institutional interest.
Technical Setup:
Breakout Trigger: Bullish flag pattern on 30-minute chart.
Catalysts:
Positive analyst sentiment (26 Buy ratings).
After-hours stability at $155.85 suggests follow-through buying.
Entry: $155.82 (current price with consolidation)
TP: $156.66 (immediate resistance) → $160.00 (psychological level)
SL: $153.50 (below 9:30 AM low)
Risk/Reward : 1:2.5
3. Super Micro Computer (SMCI)
Key Metrics:
Closing Price: $42.92 (+7.19% | Volume: 37.46M)
Resistance: $46.91 (Sept 8 high) | Support: $39.91 (Sept 8 low)
Intraday Volatility: 7.08% price swing with heavy volume in final 30 minutes.
Technical Setup:
Breakout Trigger: Ascending triangle on 1-hour chart.
Catalysts:
AI server demand driven by hyperscaler capex growth.
Short squeeze potential (12.55% short volume ratio).
Entry: $43.00 (above Sept 9 close)
TP: $46.91 (resistance) → $48.00 (next liquidity zone)
SL: $41.50 (below 9:45 AM pivot)
Risk/Reward : 1:3.9
Critical Risk Factors:
Market Sentiment: Monitor pre-market Nasdaq futures for broad tech sector direction.
Volume Confirmation: Avoid entries if volume drops below 50% of Sept 9 levels.
News Catalysts: Watch for Fed policy hints or sector-specific headlines (e.g., chip export controls).
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