Happy Wednesday!
Have you been watching the NVIDIA Corporation (NASDAQ: NVDA) price action after the stock split last weekend??
NVDA is trading at drastically decreased share prices compared to last week … And that makes it a viable swing trade opportunity for traders in our niche.
As of Monday, June 10, post split, NVDA was trading around $120 per share.
And on Tuesday, June 11, we saw the investment bank, Oppenheimer Holdings, raise the NVDA price target from $110 to $150. Take a look at the headline below:
That would be a 25% spike from its current level. On the NVDA chart below, every candle represents ten trading minutes:
NVDA chart multi-day, 10-minute candles Source: StocksToTrade
Now, there’s no guarantee that NVDA will spike that high … Nothing is a 100% guarantee in the stock market.
That’s why traders in our community are using Iris to build smart swing-trade positions on AI stocks like NVDA. Iris is an AI-trading bot that follows our tested framework for market profits.
Yes, the AI sector is red hot in 2024. But this volatility can still be dangerous for traders who ignore the rules. Iris helps us with that!
And NVDA isn’t the only AI trade setup right now …
More AI Momentum
You’re probably aware of the AI momentum in the market right now.
But, maybe you didn’t know, this momentum isn’t new … At any given time, there’s a specific sector in the market that’s outperforming the rest.
Before AI, we saw a space-race sector surge.
Before that, we saw an EV sector surge.
And in each case … Elon Musk was early for each move.
- EVs: TSLA
- The space race: Space X and Starlink
- AI: Neuralink/autonomous vehicles
Recently, the legendary entrepreneur shifted his gaze to a new sector.
And our StocksToTrade community isn’t the only one who recognized this shift …
According to Morgan Stanley, this is a $10 trillion opportunity that piggybacks on the already red-hot AI momentum!
Now, this is important: We’re waiting for the FED to announce the interest-rate decision on Wednesday (this afternoon) because the news could drastically impact the pace of the newest sector that’s gaining momentum …
Thursday is maybe the last opportunity traders have to recognize this opportunity before the market completely explodes with a brand new AI-related sector!
Take a look at my brief analysis below. And RSVP for Thursday’s briefing:
>> Click the image above or THIS LINK to RSVP <<
When the market opens at 9:30 A.M. Eastern this Friday … It’s every man and woman for themselves.
Make sure you’re prepared for this sector rush before the starting bell rings!
Cheers!
Tim Bohen
Lead Trainer, StocksToTrade