Hi Traders, Licia here. Each week, I join Mark, Andrew, and Hans for the Ticker Highlight Show – our FREE show where we discuss our favorite and least favorite stocks of the week and give away a simple, directional options trade. Now, while I don’t have a clear favorite or least favorite this week, the two stocks I have chosen are both at a crossroads on the charts … at the moment. By the time the Ticker Highlight Show airs on Monday at 10 a.m. ET, we will have a clear direction on each stock. Maybe even before that. So add these two to your watchlist, allow the price to reveal itself, and hop right in. Everyone’s fav Nvidia (Ticker: NVDA) has had quite the run. Will it go further or peter out?  As you can see, it is right up against the resistance of the previous highs which has stopped it out twice now, thus the crossroads. Wait for a close over $154 and then ride it up to $167. If it honors that resistance, hop into some puts and take it down to $142-$145. International Business Machines (Ticker: IBM) also has a decision to make:  Are the last two candles forming a bull flag gearing up for the next leg higher to the top of the pitchfork at $310? Or will today’s candle become a bearish engulfing candle, up against this resistance, and roll lower back down to the median line at $279.50? Again, I am a huge proponent of confirmation and waiting for the price to reveal itself before hopping in. Surely there is a ton of opportunity between these two charts. I’m interested to see where these two move … and whether or not we’ll trade them in Monday’s Ticker Highlight Show! Add it to your calendar so you don’t miss out. Trade Accordingly, |