1. NVIDIA (NVDA)
Technical Setup:
Price Action: Closed at $189.11 (+2.20%), pre-market at $192.58. Testing resistance at $189.62.
Volume: 130M shares traded (0.87x ratio). Recent 1-day capital flow shows $1.34B big inflows vs. $1.19B outflows.
Support/Resistance : Immediate resistance at $189.62; breakout could target $191.05 (52-week high). Support at $177.62.
Indicators: Forward P/E (42.1) is above historical average but justified by AI momentum. High ROE (109%) signals profitability.
Catalysts:
Confirmed $20B investment in Elon Musk's xAI, bolstering AI leadership.
Strong institutional interest with 37 "buy" ratings.
Trade Plan:
Entry: Break above $189.62 (pre-market momentum suggests gap-up).
Take Profit: $191.05 (52-week high) → 1.0% gain .
Stop Loss: Below $186.54 (prev. session low).
Risk/Reward : 1:2.5.
2. Tesla (TSLA)
Technical Setup:
Price Action: Closed at $438.69 (+1.29%), pre-market dip to $431.61. Key support at $438.25.
Volume: 71M shares (0.64x ratio). Short volume spiked to 10.73M on 10/02.
Support/Resistance : Critical support at $425.23 (10/09 low). Resistance at $439.25.
Indicators: Extreme valuations (P/E 261.5), but recent "affordable" Model Y/3 launch may stabilize sales.
Catalysts:
Mixed reaction to new models; pre-market dip reflects skepticism but potential short-covering.
Analyst consensus leans "hold" with mean target of $343.63, creating contrarian opportunity.
Trade Plan:
Entry: Bounce from $438.25 (watch for pre-market reversal above $435).
Take Profit: $441.33 (intraday high) → 0.7% gain .
Stop Loss: Below $425.23.
Risk/Reward : 1:1.5.
3. Apple (AAPL)
Technical Setup:
Price Action: Closed at $258.06 (+0.62%), pre-market at $257.07. Resistance at $258.11.
Volume: 36.5M shares (0.84x ratio). Low volatility (0.94% amplitude).
Support/Resistance : Tight range between $256.11 (support) and $258.11.
Indicators: Forward P/E (32.27) aligns with historical average. Strong ROE (149%) reflects brand stability.
Catalysts:
Potential EU antitrust settlement reduces regulatory overhang.
iPhone 17 demand concerns flagged by UBS, but services growth offsets risks.
Trade Plan:
Entry: Break above $258.11 with volume surge.
Take Profit: $260.10 (52-week high) → 0.8% gain .
Stop Loss: Below $256.11.
Risk/Reward : 1:2.
Key Risks:
NVDA/TSLA : Overextended valuations could trigger profit-taking.
AAPL: Low volatility may limit intraday gains.
Macro: Fed policy uncertainty persists amid government shutdown
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