Alphio AI Community

Markets hitting fresh highs while NVDA consolidates around $215-$220. S&P 500 and Nasdaq both set new records yesterday (+0.6% and +1.2%), but NVDA's been stuck in this tight range for a few sessions. Honestly, that's not a bad thing - letting the moving averages catch up. What I'm watching: - NVDA holding above $212 support (yesterday's low) - Chip sector still leading this rally - EMA9 reset happening, which typically precedes the next leg My positioning: Core long-term shares untouched. Sold some covered calls at $230 for income. If we get a pullback to $205-210, I'll look to add. Risk management first. The trend's your friend until it isn't 📊 Not financial advice - DYOR