{"id":75850,"date":"2024-10-17T08:53:43","date_gmt":"2024-10-17T12:53:43","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=75850"},"modified":"2024-10-17T08:53:43","modified_gmt":"2024-10-17T12:53:43","slug":"scott-redler-nvidia-140","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2024\/10\/17\/scott-redler-nvidia-140\/","title":{"rendered":"Nvidia $140 Matters Right Here, Right Now"},"content":{"rendered":"<p><b>Brought to You By <a href=\"https:\/\/vp301.isrefer.com\/go\/ppp\/t3l\/ban-24-07-23\"><span style=\"text-decoration: underline;\">Scott Redler's Power Plays &#8211; Get My #1 Idea Every Week.<\/span><\/a><\/b><\/p>\n<p><b>SPX<\/b>\u00a0futures are +20 after the 8-day held yesterday near 5800ish.\u00a0<b>TSM<\/b>\u00a0has the semis higher as it overshadows the\u00a0<b>ASML\u00a0<\/b>disappointment. That\u2019s the big question.<\/p>\n<p>There\u2019s lots of great action as the\u00a0<b>IWM<\/b>\u00a0hit monthly highs, and energy grid names did very well yesterday. SPX 5871 is the recent high.<\/p>\n<p>Now let's dig into some individual names:<\/p>\n<p><b>NVDA<\/b>: I bought NVDA $140 calls for next Friday into the weakness. Today we'll see if it has enough power to get and stay above the $140 area. That's what tech wants right now, so keep that level on your radar.<\/p>\n<p><b>TSLA<\/b>\u00a0was sold on the Robotaxi Event. It might be worth a look if it can hold $214 and get into the gap above $224. If that gap doesn't get filled soon, it can go lower. It's very choppy but looks like it will resolve soon.<\/p>\n<p><b>RDDT<\/b>\u00a0had a nice move from $64ish to $77+ to manage. I added back as it held the 8-day and now lit ooks ready for a move to $80+ in the weeks ahead.<\/p>\n<p><b>CCJ<\/b>\u00a0was a nice accumulate around the 8 day near $49-$50 and it had a nice day yesterday to see $55.97. I'd think it sees $60+ in the weeks\/months ahead. I\u2019d stay with it.<\/p>\n<p><b>IBIT<\/b>\u00a0woke up last Friday to get me bigger. It hit $38.93 to manage. $36.82 is key gap support that needs to hold. I'm looking to reload lower.<\/p>\n<p><a href=\"https:\/\/vp301.isrefer.com\/go\/ppp\/t3l\/ban-24-07-23\"><img decoding=\"async\" class=\"alignnone wp-image-57046\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text.png\" alt=\"\" width=\"591\" height=\"81\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text.png 1000w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-300x41.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-150x21.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-768x105.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-80x11.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-220x30.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-250x34.png 250w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-280x38.png 280w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-510x70.png 510w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-750x103.png 750w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-975x134.png 975w\" sizes=\"(max-width: 591px) 100vw, 591px\" \/><\/a><\/p>\n<h3><strong>Featured: Join Scott Redler's Plays for $99<\/strong><\/h3>\n<p>Get Scott's #1 idea each week.<\/p>\n<p>That's 52 weeks for just $99. (not a typo)<\/p>\n<p>Be on the list for the next idea:<\/p>\n<p><span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/vp301.isrefer.com\/go\/ppp\/t3l\/ban-24-07-23\">See why now's the right time to join.<\/a><\/strong><\/span><\/p>\n<p><em>*Scott Redler Positions Disclosure as of 2024-10-17 at 7.23.40\u202fAM<\/em><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone  wp-image-75851\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-17-at-7.23.40\u202fAM.png\" alt=\"\" width=\"564\" height=\"456\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-17-at-7.23.40\u202fAM.png 1098w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-17-at-7.23.40\u202fAM-300x242.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-17-at-7.23.40\u202fAM-1024x827.png 1024w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-17-at-7.23.40\u202fAM-150x121.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-17-at-7.23.40\u202fAM-768x620.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-17-at-7.23.40\u202fAM-80x65.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-17-at-7.23.40\u202fAM-220x178.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-17-at-7.23.40\u202fAM-124x100.png 124w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-17-at-7.23.40\u202fAM-186x150.png 186w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-17-at-7.23.40\u202fAM-295x238.png 295w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-17-at-7.23.40\u202fAM-514x415.png 514w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-17-at-7.23.40\u202fAM-603x487.png 603w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-17-at-7.23.40\u202fAM-737x595.png 737w\" sizes=\"(max-width: 564px) 100vw, 564px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brought to You By Scott Redler&#8217;s Power Plays &#8211; Get My #1 Idea Every Week. SPX\u00a0futures are +20 after the 8-day held yesterday near 5800ish.\u00a0TSM\u00a0has the semis higher as it overshadows the\u00a0ASML\u00a0disappointment. That\u2019s the big question. There\u2019s lots of great action as the\u00a0IWM\u00a0hit monthly highs, and energy grid names did very well yesterday. SPX 5871 is the recent high. Now let&#8217;s dig into some individual names: NVDA: I bought NVDA $140 calls for next Friday into the weakness. Today we&#8217;ll see if it has enough power to get and stay above the $140 area. That&#8217;s what tech wants right now, so keep that level on your radar. TSLA\u00a0was sold on the Robotaxi Event. It might be worth a look if it can hold $214 and get into the gap above $224. If that gap doesn&#8217;t get filled soon, it can go lower. It&#8217;s very choppy but looks like it will resolve soon. RDDT\u00a0had a nice move from $64ish to $77+ to manage. I added back as it held the 8-day and now lit ooks ready for a move to $80+ in the weeks ahead. CCJ\u00a0was a nice accumulate around the 8 day near $49-$50 and it had a nice day yesterday to see $55.97. I&#8217;d think it sees $60+ in the weeks\/months ahead. I\u2019d stay with it. IBIT\u00a0woke up last Friday to get me bigger. It hit $38.93 to manage. $36.82 is key gap support that needs to hold. I&#8217;m looking to reload lower. Featured: Join Scott Redler&#8217;s Plays for $99 Get Scott&#8217;s #1 idea each week. That&#8217;s 52 weeks for just $99. (not a typo) Be on the list for the next idea: See why now&#8217;s the right time to join. *Scott Redler Positions Disclosure as of 2024-10-17 at 7.23.40\u202fAM &nbsp; &nbsp;<\/p>\n","protected":false},"author":4,"featured_media":75075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-75850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-scott-redler-dog-bytes"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/75850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=75850"}],"version-history":[{"count":1,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/75850\/revisions"}],"predecessor-version":[{"id":75852,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/75850\/revisions\/75852"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/75075"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=75850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=75850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=75850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}