Top 3 Stocls for Day Trading on 29 Sep 2025 (CBA)
1. NVIDIA (NVDA)
Technical Setup:
Price Action: Closed at $178.19 (+0.28%) on 29 Sep. Intraday range on 26 Sep: $174.93–$179.77.
Key Levels:
Support: $177.72 (26 Sep low)
Resistance: $178.22 (26 Sep high). Breakout above $179.77 could target $184.55 (52-week high).
Volume: 148.57M shares (26 Sep), with bullish capital inflow ($1.75B big inflow).
Indicators: Forward P/E at 39.66 (above historical avg), RSI neutral (no divergence).
Catalysts:
AI Dominance: $100B AI infrastructure investments, Blackwell GPU adoption accelerating.
Earnings Strength: Data center revenue +112% YoY, though gaming segment faces supply constraints.
Trade Plan:
Entry: Above $178.50 (breakout confirmation).
TP: $184.50 (4% gain).
SL: Below $176.50 (1% risk).
2. Tesla (TSLA)
Technical Setup:
Price Action: Closed at $440.40 (+4.02%) on 29 Sep. Intraday range on 26 Sep: $421.02–$440.47.
Key Levels:
Support: $428.30 (29 Sep open).
Resistance: $441.25 (26 Sep high). Breakout above $440.47 could retest $488.54 (52-week high).
Volume: 101.63M shares (26 Sep), with elevated short volume (9.02% on 26 Sep).
Catalysts:
AI/Robotaxis : Wedbush $600 PT on AI/autonomy growth; Q3 deliveries near 500K units.
European Sales Risk: August EU registrations fell 36% YoY, but China/NA demand offsets.
Trade Plan:
Entry: Above $441.25 (breakout) or dip to $428.30 (support).
TP: $475.00 (7% upside).
SL: Below $420.00 (4% risk).
3. Advanced Micro Devices (AMD)
Technical Setup:
Price Action: Closed at $159.46 (-1.12%) on 29 Sep. Intraday range on 26 Sep: $157.05–$162.11.
Key Levels:
Support: $157.05 (26 Sep low).
Resistance: $160.48 (26 Sep resistance).
Volume: 30.32M shares (lower liquidity vs. peers).
Catalysts:
AI Partnerships: Expanded collaboration with Cohere for full-stack AI integration.
Valuation: Forward P/E 40.86 (below sector avg), targeting $184.58 analyst PT.
Trade Plan:
Entry: Break above $160.50 (ascending triangle breakout).
TP: $170.00 (6% gain).
SL: Below $156.00 (2% risk).
Risk Management:
Market Sentiment: Monitor pre-market futures for broader tech sector trends.
News Triggers: NVDA/TSLA earnings volatility; AMD partnership updates.
Position Sizing: Allocate 40% NVDA, 40% TSLA, 20% AMD based on volatility.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Ron Anne·09-29TSLA’s 4% risk (SL $420) is steep, but Q3 deliveries could justify the bet.LikeReport
- Phyllis Strachey·09-29NVDA’s $178.50 entry makes sense—Blackwell GPU demand’ll fuel that $184 TP!LikeReport
- HenryHoward·09-29Great analysis! Keep an eye on pre-market trends to adjust your strategy accordingly. Happy tradingLikeReport
- Wade Shaw·09-29AMD’s P/E is below sector avg—why’s its volume so much lower than NVDA?LikeReport
- Monzanique·09-29Thank You.. So much appreciated!🙏LikeReport