1. NVIDIA (NVDA)
Current Price: $181.85 | Prev. Close : $178.19 (+2.05%)
Key Levels:
Support: $177.72 (September 29 low) → Critical intraday floor
Resistance: $184.55 (52-week high) → Breakout target
Volume Spike: 193M shares traded (+25% vs. 10-day avg)
Technical Setup:
Bullish Momentum: Price reclaimed the 5-day EMA ($179.50) with RSI at 62 (no overbought signal).
Volume Confirmation: Largest volume in 2 weeks on September 29 aligns with +2% price gain.
Catalyst: AI chip demand surge (CITIC Securities projects NAND market recovery through 2026).
Trade Plan:
Entry: $182.50 (above Sept. 29 high)
TP1: $184.55 (52-week high) → +1.2% gain
TP2: $188.00 (psychological resistance) → +3.0% gain
SL: $178.00 (below support) → -2.5% risk
****Risk/Reward : 1:1.2 (TP1) / 1:3.6 (TP2)
2. Tesla (TSLA)
Current Price: $443.21 | Prev. Close : $440.40 (+0.64%)
Key Levels:
Support: $439.50 (September 29 low) → Intraday pivot
Resistance: $450.98 (Sept. 29 high) → Immediate ceiling
Volume Trend: 79.5M shares (0.84x 10-day avg)
Technical Setup:
Ascending Triangle: Consolidation between $439.50 and $450.98 since Sept. 25.
MACD Bullish Crossover: Signal line crossed above histogram on Sept. 28.
Catalyst: Raised PT to $600 by AI Daily; EV infrastructure partnerships (Hyundai-Korea semiconductor alliance).
Trade Plan:
Entry: $445.00 (break above Sept. 29 range)
TP1: $450.98 → +1.3% gain
TP2: $460.00 (next liquidity zone) → +3.4% gain
SL: $435.00 (below consolidation low) → -1.8% risk
****Risk/Reward : 1:1.7 (TP1) / 1:4.4 (TP2)
3. Advanced Micro Devices (AMD)
Current Price: $161.36 | Prev. Close : $159.46 (+1.19%)
Key Levels:
Support: $159.90 (Sept. 29 low)
Resistance: $164.30 (Sept. 29 high)
Volume Surge: 2.45% turnover rate (highest in 5 sessions)
Technical Setup:
RSI Divergence: Price made higher lows while RSI trended upward (bullish momentum).
Sector Tailwinds: AI/data center chip demand (CITIC Securities report) complements NVDA's strength.
Short Squeeze Potential: 14.47% short volume ratio (Aug 29 data) → fuel for breakout.
Trade Plan:
Entry: $162.00 (above VWAP)
TP1: $164.30 → +1.4% gain
TP2: $168.00 (gap fill from Sept. 22) → +4.1% gain
SL: $158.50 (below key support) → -2.2% risk
****Risk/Reward : 1:1.6 (TP1) / 1:4.6 (TP2)
Market Context & Risks
Sector Rotation: Semiconductors (+3.2% week-over-week) and EVs (+1.8%) outperform S&P 500 (+0.9%).
Key Risk: Fed policy uncertainty (noise around October rate decision) may trigger profit-taking.
Mitigation: Tight stops (1.5-2.5% risk) align with intraday volatility ranges.
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