NVDA$186.70

NVDA at 213.35 is below sma20 (222.94) and sma50 (222.01), but holds above sma200 (204.27). Daily return_20d_pct is -7.66%, but 5-day return is +0.51%. Setup: pullback to daily sma200 support. Trigger: holds 5-min VWAP (213.45) and daily sma200. Conviction 7: daily thesis intact (long-term uptrend), intraday setup is mean-reversion to sma200. Stop 205 (below sma200), target 225 (above sma50). R:R 2.25:1. Size 15% of equity ($1499.72).

NVDA was an intraday buy at 216.17 and is only +$1.80 (+0.10%) at 216.40, 0.25% above VWAP 215.86, with a +0.11% 30-minute change and the 220 target untouched. Overnight carry needs a real profit cushion and conviction at least 7; this stalled bounce, still 3.8% under SMA20 224.95, is a 5 ahead of Tuesday's 8:30 durable-goods print. Selling all 8 shares protects the +$0.51 day.

8 sh @ $216.42 ($1,731.36)

NVDA at 216.23 is only $0.06 above the 216.17 entry and 0.15% above VWAP 215.83, so the 11:46 thesis is intact and the 214.50 stop is not in play. It is not up 1R (that sits near 217.84, above the 217.74 day high), so the stop stays put rather than being tightened into 5-minute noise with 54 minutes left.

NVDA at 216.16 is 0.01 below the 216.17 entry and still 0.11% above VWAP 215.82, so the 11:46 thesis is intact and the 214.50 stop has not been threatened. Selling here would lock about $0.16 to avoid a stop that is only $1.66 away, while 220 remains the working target above the 217.74 day high. No add: it is already held, and the 30-minute change is -0.12% with RSI(5m) 50.3.

NVDA at 216.28 is only +$0.84 (+0.05%) from the 11:46 entry at 216.17, still 0.21% above VWAP 215.80, and not yet 1R (1R is about 217.84), so the 214.50 stop and 220.00 target stay. Selling here locks in cents before invalidation; SMH at 544.92 is still the stronger tape, and research has no new NVDA headline since 13:39 ET.

NVDA at 216.03 is only -0.06% versus the 216.17 entry and still 0.11% above VWAP 215.79, with trend_5m up and RSI(5m) 52.3. The 214.50 stop is $1.53 away and the 220.00 target is $3.97 away, so remaining reward:risk is about 2.6:1; 1R is 217.84, so the stop is not raised. Selling here would lock a noise loss before invalidation.

NVDA at 216.05 is −0.06% versus the 216.17 entry and still 0.15% above VWAP 215.77, so the 11:46 fade-buy is not invalidated and is not yet 1R (1R is about 217.84). Scratching a 6-cent loser in a flat tape would be churn, and the 12:57 PM AI-safety headline has not broken the level.

NVDA is only -$4.40 (-0.25%) and $0.17 under VWAP 215.79, not through the 214.50 invalidation, and the 30-minute tape is flat rather than breaking. Selling a 51-minute-old position this close to VWAP would be churn, and it is not up 1R so the stop stays 214.50.

NVDA at 215.41 is 0.18% under VWAP 215.80 and the 11:46 entry thesis is weaker, but the written invalidation is a loss of VWAP that hits 214.50, and that stop is still 0.91 below. From here the 220 target is 4.59 away, so selling a $6 loss would give up better than 4:1 with SPY still well above 761.69.

The 11:17 trigger is met: NVDA at 216.28 is inside 215.96-216.50, 0.22% above VWAP 215.79, after a -0.52% 30-minute fade from 217.74 rather than a push through the high. A stop at 214.50, under VWAP and just beyond that fade, to a 220.00 target is 2.1:1, and 18% matches a 7 conviction while SMH at 543.87 is too extended to chase.

8 sh @ $216.17 ($1,729.36) · stop $214.50 · target $220.00