Executive Summary

Nvidia and Tesla have been at the center of market excitement, but are these powerhouse stocks gearing up for their next surge — or showing signs of exhaustion?

Tesla’s relentless rally and Nvidia’s sharp pullback have traders on edge, wondering what’s next. Using my One Good Trend (1GT) strategy and the 1GT (Pro) Indicator, I break down the key technical signals, uncovering critical support and resistance levels that could define their next big move.

Will Tesla smash past $500? Is Nvidia set for a major rebound — or further downside? Plus, with Daily Leveraged Certificates (DLCs), traders can amplify their returns, riding the momentum in either direction. Don’t get caught off guard — read on to see how to position yourself before the market makes its next move!

1. Nvidia (NVDA)

NVIDIA Corporation is a leader in the AI space supplying high in demand GPU chips to many of the technology giants like Meta, Amazon and Microsoft.

It has faced a sharp sell-off following the launch of its new China AI DeepSeek model last week which was developed at a fraction of the cost it took to develop ChatGPT.

This has contributed to increased volatility in the stock, driving it below key technical levels.

Taking a closer look at the long-term trend, the 100-day moving average (red line) remains above the 200-day moving average (blue line).

Both lines are relatively flat, signaling some loss of momentum in the longer-term uptrend.

However, with the price currently trading below these key moving averages, caution is warranted as this could indicate potential weakness if sustained.

In the short term, the 20-day moving average (green line) has sloped downward, reflecting a bearish trend in the shorter time frame.

This aligns with recent selling pressure, which has pushed the stock lower from its earlier highs.

Notably, the 1GT (Pro) Indicator has issued a bearish signal as it broke the key 130 support.

This bearish signal adds weight to the argument for a potential reversal or extended consolidation period in the near term.

Support is currently established around the $100 - 110 level, which is a significant psychological and technical zone where buyers may look to step in.

For conservative traders, this area could serve as an accumulation zone if the stock approaches these levels.

A stop-loss placed slightly below $100 would help mitigate risk in case of a further decline.

Resistance, on the other hand, is seen at $130, with a more critical level at $150.

For traders adopting a more aggressive approach, an entry could be considered upon a confirmed breakout above $130, targeting the $150 zone as the next significant level to watch.

A breakout above $150 would be a bullish development, signaling a potential resumption of the longer-term uptrend and paving the way for further upside.

Overall, NVIDIA's price action highlights a tug-of-war between bullish and bearish forces, with the 1GT (Pro) Indicator and moving averages providing valuable insights.

Conservative traders may look to buy near the $100 support level, while aggressive traders might wait for a breakout above $130 for a clearer signal of strength.

So, how does one take a position in NVDA whereby you are able to reap more potential return to ride either the downside or upside further?

Those keen to ride on the short-term upward momentum in NVDA shares can consider using Daily Leverage Certificates (DLCs) traded on SGX to leverage on that move.

The reason for that is that the DLCs can potentially generate magnified returns for a given move in the underlying. You can trade both Long or Short directions and in USD or SGD trading currency.

Traders who are bullish can consider the 3x Long DLCs on Nvidia while those who are bearish can consider the 3x Short DLCs as tabled below.

Magnificent 7 US Stock DLCs

The US Stock DLCs are designed to provide a fixed 3 times leverage performance on the underlying US stock daily performance on a US market close-to-close basis. The basic principle of the daily performance is therefore as such

If the US stock rises by 2% on a US market close-to-close basis, the respective 3x Long DLC will rise by 6% and 3x Short DLC will fall by 6% accordingly on a US market close-to-close basis, before overnight cost and fees.

If the US stock falls by 2% on a US market close-to-close basis, the respective 3x Short DLC will rise by 6% and 3x Long DLC will fall by 6% accordingly on a US market close-to-close basis, before overnight cost and fees.

Investors can trade the US Stock DLCs during SGX market hours 9:00AM to 5:00PM via any regular stock brokerage account where Societe Generale as the Designated Market Maker will provide live tradable prices and intra-day liquidity, offering investors a new trading window during Asian hours when US markets are closed.

Visit DLC.socgen.com/usdlc to find out more.

2. Tesla (TSLA)

Tesla, Inc. is a leader in electric vehicles, renewable energy solutions, and cutting-edge battery technologies.

Known for its innovation, Tesla also develops solar energy products and energy storage solutions that contribute to global sustainability efforts.

The company has a strong market presence in EVs and is a pioneer in autonomous driving technology, making it one of the most closely watched companies in the stock market.

Analyzing Tesla's technical performance, the stock has experienced a remarkable rally, especially in the latter part of 2024.

Looking at the long-term trend, the 100-day moving average (red line) is comfortably above the 200-day moving average (blue line), with both lines pointing upwards, signaling a strong and sustained long-term uptrend.

This trend aligns with the stock's broader recovery and resilience in the face of market fluctuations.

In the short term, the 20-day moving average (green line) has turned slightly flat after a recent dip, indicating a potential reversal of short-term momentum.

This suggests that buyers are stepping back in after a brief period of consolidation.

The 1GT (Pro) Indicator has also provided significant insights, with a bearish signal finally appearing after it broke its support around 410 at the beginning of 2025.

This was after a rally of more than 70% from the 1GT Bullish signals in Oct 2024 which successfully captured pivotal turning points in Tesla’s upward journey,

Support would be around $360 for now, which served as a strong floor during recent pullbacks over the past 2 months.

Conservative traders may consider accumulating near this level, with a stop-loss placed slightly below $360 to manage risk effectively.

Resistance is clearly visible at $500, representing a significant psychological and technical barrier.

For aggressive traders, an entry could be considered on a breakout above $500, signaling a continuation of the current bullish momentum.

Tesla’s technical setup appears robust, supported by strong long-term and short-term trends, as well as timely signals from my 1GT (Pro) Indicator.

A new bullish signal from my 1GT (Pro) Indicator coupled with the 20-day moving average (green line) reversing up can lead the next phase up.

So, how does one take a position in TSLA whereby you are able to reap more potential return to ride either the downside or upside further?

Those keen to ride on the short-term upward momentum in TLSA shares can consider using Daily Leverage Certificates (DLCs) traded on SGX to leverage on that move.

Traders who are bullish can consider the 3x Long DLCs on Tesla while those who are bearish can consider the 3x Short DLCs as tabled below.

Magnificent 7 US Stock DLCs

The US Stock DLCs are designed to provide a fixed 3 times leverage performance on the underlying US stock daily performance on a US market close-to-close basis. The basic principle of the daily performance is therefore as such:

If the US stock rises by 2% on a US market close-to-close basis, the respective 3x Long DLC will rise by 6% and 3x Short DLC will fall by 6% accordingly on a US market close-to-close basis, before overnight cost and fees.

If the US stock falls by 2% on a US market close-to-close basis, the respective 3x Short DLC will rise by 6% and 3x Long DLC will fall by 6% accordingly on a US market close-to-close basis, before overnight cost and fees.

Investors can trade the US Stock DLCs during SGX market hours 9:00AM to 5:00PM via any regular stock brokerage account where Societe Generale as the Designated Market Maker will provide live tradable prices and intra-day liquidity, offering investors a new trading window during Asian hours when US markets are closed.

Visit DLC.socgen.com/usdlc to find out more.

About the Author - Joey Choy

Joey is Singapore’s renowned mentor on how to make an income by trading the stock market, an author and one of the most-watched, quoted and followed stock trading trainers in Singapore. Over the years, he has conducted numerous full house seminars, enriching thousands to trade more profitably. 

Joey’s come back story from a S$740k debt has been featured in the Business Times and inspired thousands in Singapore. In less than 3 years, he is highly regarded as one of the Top Tier Remisiers (Stock Brokers) and Traders, bagging numerous yearly awards like Top Trading Representative and Top CFD Achiever every year from 2014 to 2023 in Phillip Securities.

More about Joey here

Hope you have found the above content useful 😃 

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Look forward to see you on the inside!

- Joey

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