Hey traders, it’s Matt here.
One of the most popular stocks in the world right now …
There’s a lot of speculation around an upcoming rally.
I’m talking about NVIDIA Corporation (NASDAQ: NVDA).
You might be thinking: Matt, NVDA’s on a hot streak. What do you mean, “rally”?
Yes, NVDA is smashing revenue estimates and shares pushed to new highs time and time again in 2024. But on Friday we watched a BIG pullback.
Take a look at the chart below, each candles represents one trading day:
NVDA chart multi-day, 1-day candles Source: StocksToTrade
Now, it’s important to understand that this probably isn’t the end of the AI run.
It’s more likely that NVDA pulled back after an intense run. Every stock spike has to pull back eventually. That goes for penny stocks and blue-chips like NVDA.
Let’s be clear: Nobody knows for sure whether NVDA will make new highs.
But we do know that the tech sector is on fire due to the AI revolution. NVDA is at the center of that momentum due to its microchip business. And NVDA’s chart shows solid support at $800 with even more at $750.
I know this runner is still expensive for small-account traders. But it’s important to stay informed with the larger market.
This “Loophole” is So Powerful
There’s a renegade day trader who discovered a powerful “weekend loophole” in the stock market.
It allows him to place trades on Friday afternoon…
And open up his laptop on Monday to potential green.
He’s used this “loophole” to make $8,780, $9,177, and even $69,962 all over the weekend.
And he claims with the right amount of hard work and dedication, ANYONE can learn how to use it too…
I’m trying to keep you up to date and engaged.
Besides, NVDA isn’t even the biggest AI play right now.
Here’s my AI watchlist …
Top AI Trade Setups
We watch stocks like NVDA because the momentum can trickle down to our small-cap niche.
A 10% spike for NVDA that makes new all-time highs could lead to a +100% spike among cheaper stocks.
The recent dip for NVDA’s share prices could mean that we see fewer AI trade opportunities in the short term. That’s why it’s good to stay informed.
But we can track the price action of other recent AI runners in our niche to confirm this momentum. Here’s my AI watchlist right now:
- Airship AI Holdings Inc. (NASDAQ: AISP)
- Rail Vision Ltd. (NASDAQ: RVSN)
- Marpai Inc. (NASDAQ: MRAI)
- Guardforce AI Co. Limited (NASDAQ: GFAI)
- BigBear.ai Inc. (NYSE: BBAI)
These are all volatile stocks moving with AI momentum. And they’re in our price range.
AISP spike 460% in less than 2 days last week. The price started below $2 and ran to just above $9 per share.
The shares are cheap enough for us to load up. Then we can ride the percent gain for big potential profits.
That’s how I grew my account past $1 million. One trade at a time on the market’s hottest stocks.
I just filmed a video with my mentor, Tim Sykes, where we discuss some of the best setups in the market. Study these chart patterns:
Put In The Work For Success
I’m not a boy genius. I learned this trading process from Tim Sykes. And I’m not the only one.
Bryce uses Sykes’ process to profit. And so do the rest of Sykes’ millionaire students.
This isn’t rocket science. You just need experience with the right setups.
The #1 tool I attribute to my success as a trader: Live streams.
Hindsight is 20/20. Studying these charts after they’ve spiked can be helpful, but it’s nothing compared to watching the patterns develop in real time.
The only issue is that new traders have no idea what they’re looking for while these stocks are running.
These live streams help traders experience the volatility without the account exposure.
Sykes and I are two of the presenters. Log in to watch professional traders operate LIVE. You can watch our screens as we track the market’s hottest stocks.
There will be new profit opportunities this coming week.
Keep an eye on the top AI stocks in our niche.
And use the framework Bryce shared in yesterday’s blog post to find Monday’s first green day runners.
Good luck tomorrow, maybe I’ll see you in the chat!
Cheers,
Bryce Tuohey