MomentumTradingHQ.com Featured Stock for the Week of 2/19/24 - 2/23/24: Nvidia (NVDA) Swing Trade Return of 14.7%

NVDA powered higher last week due to earnings and guidance beats.

Our proprietary real time alert services picked up NVDA's unusual stock and option volume early Wednesday morning prior to their earning release after the market close. Depending on your favorite momentum indicator several opportunities presented themselves to get in to capture a portion of the weekly return.

As shown in the chart below, a swing trade entered at 9:05 am CST Wednesday and closed at the end of the day Thursday would have gained 14.7%. The chart shows the indicators that were triggered as well as the time.

If you are interested in getting real time stock alerts sent to your email visit MomentumTradingHQ.com and subscribe to the indicator alert service that fits your trading style. There is correctly a 7 day free trial.

If you are interested in receiving the Featured Stock of the Week email and/or blog visit MomentumTradingHQ.com and sign up for free.