Dave Barnhart maps trading levels for NVDA and CRM using institutional trade prints and moving averages. NVDA has a bullish range above $226.50 targeting $237.50, with a bearish floor at $223. CRM trades bullish above $231 toward $240, bearish below $228.50.
Chapters
Good morning, traders. It's Thursday, August 27th at 4:52 AM. All right, 2 stocks for you today. We've got Nvidia and we've got CRM. So yeah, Nvidia blew out earnings. We can see. Let's go ahead and have a look at that first. Largest prints in the last 30 days, and they are absolutely massive. Look at these: 10 million, almost 11, another 10, 3 million, 3 million, 3 million. And so what actually happened back here? July 31st was 2 million. And then it looked like they were adding to their position. There was another 3.5, 10 million in this area. And then we move up and then at the top, it looks like a bit of a distribution, 3.3 million. And we blew through these prints, but here's, here's something that's interesting. This one here, we tagged the print. And so we opened, came down, tagged the print, closed, and then there was another print. And then we moved up, down, and here's earnings. We're already up 16 points on that, but blown through all of these levels now. So. You have $11 billion below you in this, in this case. So smart money is already in. So let's see what's actually happening. So let's map this out on the intraday. We're going to be bullish above $226.50. I had $226, but we're poking our way through their target. $227.50, $228.31 is our R5. That's the end for the pivots. $230, $231.25, $230.50, $235. 236.25 and 237.50. There's nothing above us, or nothing, you know, to stop us at the moment. We have this really nice 4 and 8 exponential moving average running together. That means the short-term momentum is really strong. So if it keeps doing this, there's no reason to get out of the trade. It might bump its head on some of these things, or major dollar levels. On the downside, we're bearish below 223. Let's get below here. So we want 223, target 222, 220, 219, 220. Is this three million? And look at this: two seventeen fifty five, two seventeen fifty. This that's another seven million, and two sixteen eighty five is a ten million. Just I I would probably just stop right there. Anyway, I mapped this out down to two fifteen twenty, which was this R two. This is a massive floor. Here's the post market going through all the prints, right? We pulled back to the print. And then moved up. We can prob maybe come back and test this if we if we pull back, but you've got a few billion dollars sitting right here in smart money, so we'll see what actually happens. All right, moving on to CRM. Okay, CRM also blowout earnings. Let's look at the prints here. We've got about two point three billion dollars sitting around here. You've got a one million four hundred K. Three point four million is the largest here at two oh one ninety one. But look what was actually happening here. This this story is a little bit. Not different, but we had a big print here. So of course there's more, but this is the last 30 days and pulling back, and then you get more prints. We consolidate, move up, more prints through consolidation. This is a 250 simple moving average. Comes back to these moving averages, increasing volume here, testing all of these levels here except for this 205, right? Well, we closed pretty much on the 205 and then off to the races. So you can see that smart money is all in Here with their $2.3 billion in in trades, so they add to their position. They can't just get all in at once and dump it all at once like a regular retail trader. So let's map this out on the intraday bullish above 231. Let's get up here. 231 target. Sorry, 231.50, 232.50, 233.63 is our five, 235, 236 and a quarter. $237.50 and $240. We've got that up there. On the downside, we're going to be bearish below $228.50. We're getting close to that now. If we drop below, uh, target $227.50, $226.14 is R4. If you're late to the game, let's see if this is resistance and rolling over, then you can get in below that. $224, $220, $250, $220, $218.65 is R3. And then I've got 216, which is my 200 exponential moving average, sitting right about here. All right, there you have it. Those are your 2 trade setups for today. So please like, share, subscribe, do all of that great stuff. Leave some comments in the comment section below, and we will see you tomorrow with all new trade setups. Happy trading, everyone! MobyTick has partnered with TrendSpider to bring real-time institutional trades to your charts. Click the link in the description below for more details.
