NVDA Offers Up a Double Volume Gap Trade

Welcome back to today's Smart Money Alert for February 18, 2020...

Apple Inc. has spooked the market with coronavirus news so the futures are down big this morning.

The news is scary and quite honestly so were the risk reward ratios on new trades. We needed a pull back to set up better ideas.

In today's video we review four stocks with the best opportunities in the coming week. The top stock on my list is NVDA.

With clear bullish order flow, a bullish gap and double normal volume the stock has traded into our tracking list.

The short side of the market might be attractive today but the raging bull market makes that a bad idea (unless you are purely day trading, and even then it's not the best idea).

For NVDA I'm look for the gap to decline and close on the lows the next 2 days. If that price action unfolds I'll be looking to enter a new long. I give you my entry price in the video.

Have a great day.

Pete