Are These Two Stocks Going to Pull a NVDA?
We recently caught a nice trade on NVDA. These two are looking to do the exact same thing.
We recently caught a nice trade on NVDA. These two are looking to do the exact same thing.
The difference between a pullback and a sell-off primarily depends on your entry. Here’s three names that I think are still worth considering to the long side.
BABA was back in favor today with a strong gap to start the session and nice follow-through into the close. The most outright way to play it is buying calls, but spreading your risk may be more appropriate for shorter time frames.
Transports have seen a sharp sell-off, but they held the first key area we were looking to for support. Now we just have to see if we can clear resistance and if we can, how we might play that for the next leg higher.