Nvidia was the talk of the markets yesterday, and traders were “wait and see mode.”

Since traders were on edge, I was looking to move quietly into other positions. Ones that stood a chance to make a move that day.

One of those movers was General Dynamics (GD).

GD was on my watchlist for one key reason – it was nearing the end of its 5-day pullback.

And in The War Room, I called for a potential bounce early on.

As you’ll see in the chart below, the stock gave us that bounce shortly after.

This is the power of knowing when a stock is at the end of its pullback.

Even when there’s a big earnings announcement like Nvidia, it’s important to focus on the other trading opportunities that could arise. And this dip buy on GD was one of those opportunities.

If you recall last week in the watchlist, I tracked a similar dip buy play on Chevron (CVX).

I noticed Chevron hit its support level, and I got positioned on a dip buy that led to a 22% gain in just over one hour.

Action Plan: With General Dynamics recently hitting the end of its recent 5-day pullback, I’ll be tracking the stock today for a potential trade on another pullback in The War Room.

If you want to start getting live trading alerts on potential trades like GD in realtime, I invite you to join me. Last week I closed 8 of 9 trades for a 89% win rate, including a 41% winner on TJX in 1 trading day.

Click here to unlock The War Room and get more real time trading alerts today.