If we step back from all of the madness in the market and go to the fundamentals of finding good trades, the tried and true hold up well.
One stock that has popped on the radar with huge upside momentum is NVDA. Its strength has made it a darling of Wall Street and it’s latest move has them scooping up more.
After a brief consolidation, it has broken out moving higher. It has potential resistance around 285 but could push through back to the 300 range.
Definitely another stock to keep on your watchlist as you look for sunshine in the pouring rain.
Just a reminder, in wild markets be extremely disciplined about your loss targets and scale back your position sizes. Taking a slightly smaller win with less risk is better than getting caught in this meat grinder and getting wiped out.
Keep learning and trade wisely,
Market Wealth Daily