Intrinsic Value System

Intrinsic Value System

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Intrinsic Value System
Intrinsic Value System
Special Post: Post NVDA-Earnings Thinking with OrderFlow analysis

Special Post: Post NVDA-Earnings Thinking with OrderFlow analysis

Orderflow data behind today's late rally

Larry Cheung, CFA
Feb 21, 2024
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Intrinsic Value System
Intrinsic Value System
Special Post: Post NVDA-Earnings Thinking with OrderFlow analysis
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Hey Folks - I usually write one Daily Market Note during the day, but something peculiar happened today and I wanted to share with members:

  • We got a late day ferocious rally at 330pm

  • NVDA earnings compound onto the rally after the bell.

There is Orderflow data which I will share and attempt to dissect below.

Also, well, thanks to NVDA, our AMAT Calls will look to go in the money tomorrow. My price target is often my Strike price, so as we approach 195, I probably will TP (take profit) or at least raise my Stop.

As of this post, AMAT looks to be 193 - advancing nicely from 188 earlier today.

Again, thank you to all my readers for your support. You’re all amazing! Will continue to do my best.

Pre-market note sent to members

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