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All investments and trades carry risks.” No relevant positions Testimonials were not compensated Visit www.tradingworkshop.com or email info@smbcap.com for more information TRADE STRATEGY • Unusually good news • Opportunity with long term technical analysis. • Holding above VWAP • Gap over 3% • Elevated RVOL 1.5 • Holding gap • Buying interest is apparent and early • Trade 2 hold with a reason 2 exit Visit www.tradingworkshop.com or email info@smbcap.com for more information Potential Reason2Sell • If my price target is reached ○ Against me : Intraday uptrend is broken Breaking news in the stock or the market Unusual seller on the tape Daily Bollinger Bands failure 1Hr 50 SMA/ EMA Failure Visit www.tradingworkshop.com or email info@smbcap.com for more information TRADING PLAN • • • • • Look to buy the dip on day 1 with a clear level to risk off Take opening drive plays to add cash flow to the trade on day 2, day 3 / important TA levels. Scale out into strength Reasons 2 Sell Follow the trend !!! Visit www.tradingworkshop.com or email info@smbcap.com for more information ● ● ● ● BIGGER PICTURE U.S. Equity Futures, European Markets Higher European PMI Data Above Estimates Saw a bounce in QQQ Leaned bullish as we reclaimed the 50 day SMA in tech and important levels on SPY Visit www.tradingworkshop.com or email info@smbcap.com for more information SECTOR STRENGTH Visit www.tradingworkshop.com or email info@smbcap.com for more information TECHNICAL ANALYSIS (LONG TERM) Visit www.tradingworkshop.com or email info@smbcap.com for more information TECHNICAL ANALYSIS Visit www.tradingworkshop.com or email info@smbcap.com for more information TECHNICAL ANALYSIS Visit www.tradingworkshop.com or email info@smbcap.com for more information INTRADAY FUNDAMENTALS • • • May 21st NVDA Trading Is Expected To Begin On A Stock-Split Adjusted Basis On July 20, NVDA Announces 4-For-1 Stock Split, Pending Stockholder Approval On June 3 STATISTICS: Average Daily Volume: 8.64M RVOL: ~2 27th May (ER) - Sales in Q1 were up 84% Y/Y to $5.66B, Adjusted EPS of $3.66 came in a solid $0.38 ahead of estimates. For Q2, revenue is expected to be $6.3B, plus or minus 2%, (consensus: $5.48B), non-GAAP gross margin of 66.5%, plus or minus 50 bps, and adjusted operating expenses of $1.26B. *Triple beat ATR: 21.74 Short Float: 1.12% Shares Float: 597.89 M Institutional Ownership: 67.70% June 2nd - Nvidia CEO Optimistic Over Regulatory Support for Arm Acquisition Visit www.tradingworkshop.com or email info@smbcap.com for more information VARIABLE CHECKLIST • • • • • • • • Unusually good news ( Stock split + killer ER) ✓ term technical analysis ✓ Holding above VWAP ✓ Gap over 3% ✓ Elevated RVOL ✓ Holding gap ✓ Buying interest is apparent and early ✓ Trade 2 hold with a reason 2 exit ✓ • • • • • • • Option Flow ✓ Strong SMH ✓ Strong tape ✓ Buying at VWAP ✓ Price Upgrades ✓ Strong trend line ✓ Clean TA levels to risk off ✓ Visit www.tradingworkshop.com or email info@smbcap.com for more information Option Flow Scale out in 20% lots when up move is much steeper than anticipated. Put on first lot when dips under premarket support and then strongly moves back through it on 13.5 RVol Double position when price goes through opening price showing relative strength to QQQ Premarket support level Visit www.tradingworkshop.com or email info@smbcap.com for more information TRADE MANAGEMENT Visit www.tradingworkshop.com or email info@smbcap.com for more information https://youtu.be/I1Kk_-lhUYY?t=2239 37:19 READING THE TAPE 608 pre market break on day 2 of split news (5/24/2021) https://youtu.be/I1Kk_-lhUYY?t=2717 45:17 profit taking into hourly bolly. Visit www.tradingworkshop.com or email info@smbcap.com for more information TRADE REVIEW • • • What did you learn from this trade? – Scalping the open + trading around a core is a goal I touched upon on other playbook trades and with this NVDA trade I really hit that goal. That type of nimbleness really fits my style and I feel like I traded this stock very well. I was confident and there was tons of “see it” moments in this trade. – Did very well managing my position pre-earnings and avoided a major IV crush, was very patient with this idea and waited for good prices to get long and risk off of. – Net Return: 8.63 R How could you have done better? – SIZE UP! When I have conviction, this is a trade I can 3x 4x my risk as there were multiple variables that I knew fit my strengths – TAKE THAT 2ND DAY EARNINGS SCALP!!!!!!!!! Over 635 had a great area to scalp over and was a complete disservice to myself missing that. (Took the 636 pull in after I missed a major move the day before ) How would you trade this differently for the next trade? Would treat the cash flow trades + swing trade as two different trades with 2 different playbooks Allow my self to be nimble and let the scalps work but at the same time need to take my hands off the keyboard and allow the swing to work as well. 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