Public trading strategy
Tech stocks set to bounce after a $1.3 trillion wipeout — short-term rebound pla
Thesis
When huge chunks of the market get sold off this quickly, prices often snap back the next day as investors who still believe in the long-term story buy at a discount. We are seeing exactly that setup: a historic two-day drop followed by pre-market indicators turning positive. This trade targets a quick rebound in the hardest-hit names before the dust settles.
Strategy approach
Build a mean-reversion strategy on NVDA and MU using the 1-hour timeframe. Enter long when price is more than 2 standard deviations below the 20-period VWAP and RSI(14) crosses above 30. Exit when price touches the 20-period VWAP or after a 5-bar max hold. Use a 2% stop loss.