Hey traders, it’s Matt here.
When the market dips, we have to focus on the best setups.
And we ONLY focus on the best setups.
Ladies and gentlemen … The market gave us a diamond in the rough on Friday.
This is the best trade opportunity I’ve seen in a while!
In a filing published Thursday during after hours, NVIDIA Corporation (NASDAQ: NVDA) announced a new stake in a low-priced autonomous-delivery company.
Prices spiked 240%* before the market closed.
And this news is circling over the weekend …Â
Traders who didn’t see this play on Friday are likely desperate to catch a profit from the bullish volatility this coming week. On Monday, I expect an explosive move from this low-priced runner.
Plus, we’ve already seen a catalyst like this in 2024 …Â
On February 14, the market learned of NVDA’s stake in SoundHound AI Inc. (NASDAQ: SOUN).
Over the next few weeks, prices spiked 350%*.
This was a huge multi-day runner. Take a look at the SOUN chart below, every candle represents one trading day:
SOUN chart multi-month, 1-day candles Source: StockToTrade
And Friday was just day one for this stock …Â
Want to know NVDA’s newest investment?? It’s the #1 stock on Monday!
Serve Robotics Inc. (NASDAQ: SERV)
NVDA disclosed a $3.7 million investment in SERV on Thursday, July 18 during after hours.
Take a look at the resulting spike below, every candle represents one trading minute:
SERV chart multi-day, 1-minute candles Source: StocksToTrade
Now … This is a textbook runner with a great catalyst. But we still have to approach this opportunity carefully.
As you saw on the SOUN chart from earlier in this blog, the spikes don’t last forever.
NVDA might like SERV, but that doesn’t mean it’ll run forever.
As a result, we still have to use our trading framework to build smart positions.
Don’t buy shares of this stock over the weekend!
That’s what all the degenerate traders are doing as this news circulates. And as a result, they’re positions are likely to be filled near the highs when the market opens on Monday during premarket.
Buying shares this weekend is a shot in the dark because we don’t know how high the price will spike. You don’t want to hold the bag from Monday’s premarket highs.
Instead … Wait for the stock to start moving on Monday and track the price action using our AI trading bot.
This AI uses our tested trading framework to alert trade setups on the market’s hottest stocks.
Interested in trading SERV?
>> Build Smart Positions With AI <<
You’ve already got eyes on it … Don’t miss the next profit opportunity!
Cheers,
Matt Monaco
*Past performance does not indicate future results