Comments on: Swing Trade Ideas 8-12-24

By: KevinK

KevinK — Tue, 13 Aug 2024 15:09:01 +0000

Watch out shorters if the manipulated numbers of the CPI and Jobless Claims come in low the next 2 days,

By: KevinK

KevinK — Tue, 13 Aug 2024 14:38:21 +0000

It’s buy the dip time. And it might last a while.

By: @GEOTRDR

@GEOTRDR — Tue, 13 Aug 2024 14:29:25 +0000

Out of longs ….going short soon…

By: rsotc

rsotc — Tue, 13 Aug 2024 14:26:15 +0000

In reply to Mikeflegel. NVDA offers an objective short entry here at the downtrend line (especially if it gets rejected off it) and/or on any marginal upside to the 118ish & 125ish resistance levels just above. SMCI likely to follow.

By: Alan

Alan — Tue, 13 Aug 2024 04:58:34 +0000

In reply to Mikeflegel. i don't think so. the daily and hourly chart looks bullish to me. Plus the market was flat today and NVDA was up 4%. I would buy on a pullback with a call or call spread. It does need to stay above 110/111 which is minor resistance. Hence why a call option vs buying stock. just my two cents...

By: Mikeflegel

Mikeflegel — Mon, 12 Aug 2024 20:14:46 +0000

Double on smci. Would nvda be a good short today for swing.