#sp500nasdaqbreak200wmainbtcfirstsince2012
đ 1H Trading Signal: NVIDIA ($NVDA )
Based on the current market backdrop (Aug 8, 2026) where the S&P 500 and Nasdaq are riding strong uptrends (~10% above their 200-day EMA), I've picked Nvidia ($NVDA ) as the standout tech momentum name for a 1H signal.
đŻ The Setup â LONG
đ„Entry zone: $221.50 â $223.00 (buy the 1H EMA10 retest, currently at $221.80)
đ„Stop loss: $218.50 (below the Aug 7 low)
đ„Take profit 1: $228.00 (near-term psychological resistance)
đ„Take profit 2: $235.00 (extended target riding Nasdaq momentum)
đ„Risk/Reward: ~1 : 2.5
$AMZN $MU #USJulyJobsUnexpectedlyFall #AlphabetPlansToIssue$25BBonds #SpaceXMayCompleteCursorDealAsEarlyAsNextWeekend #SpaceXMarketCapTops$1.613TPassingMeta
đ 1H Trading Signal: NVIDIA ($NVDA )
Based on the current market backdrop (Aug 8, 2026) where the S&P 500 and Nasdaq are riding strong uptrends (~10% above their 200-day EMA), I've picked Nvidia ($NVDA ) as the standout tech momentum name for a 1H signal.
đŻ The Setup â LONG
đ„Entry zone: $221.50 â $223.00 (buy the 1H EMA10 retest, currently at $221.80)
đ„Stop loss: $218.50 (below the Aug 7 low)
đ„Take profit 1: $228.00 (near-term psychological resistance)
đ„Take profit 2: $235.00 (extended target riding Nasdaq momentum)
đ„Risk/Reward: ~1 : 2.5
$AMZN $MU #USJulyJobsUnexpectedlyFall #AlphabetPlansToIssue$25BBonds #SpaceXMayCompleteCursorDealAsEarlyAsNextWeekend #SpaceXMarketCapTops$1.613TPassingMeta
