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    NVDA chart
    $NVDA
    +28.3%

    NVIDIA Corporation

    AI
    Semiconductor
    Trend Following
    Momentum

    Why We Alerted

    AI chip demand showing no signs of slowing. The pullback to the 50-day moving average provided an excellent entry with defined risk.

    News & Catalyst

    Major cloud providers announced expanded AI infrastructure investments. NVIDIA's next-gen Blackwell architecture received strong pre-orders.

    Our Analysis

    <p>The AI revolution is still in its early innings. Every major tech company is racing to build AI capabilities, and NVIDIA sits at the center of this megatrend. We waited patiently for the pullback to the 50 MA - a classic institutional accumulation zone. The bounce confirmed strong buying interest. This trade exemplifies why trend following in strong sectors can yield outsized returns. The key was conviction and proper position sizing.</p>

    Trade Details

    Alert Date
    10/20/2024
    Entry Price
    $450.00
    Exit Price
    $577.35
    Profit/Share
    +$127.35
    Profit Date
    12/1/2024
    Time to Profit
    42 days

    Analyst

    J

    Jacob

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