NVDA's earnings report is not an explosion as in previous times
The initial reaction to $NVIDIA Corp(NVDA)$ 's earnings report is bullish, but not an explosion as in previous times.
Watch out the higher Bollinger Band closing the day at $977.
Price jumped after hours to $997 and came back to earth. The higher band has been mistreated by this bouncy guy, but last time it was crossed (March 8th) it moved price down to the lower band.
My theory is that consolidation is ahead. $996 is the level that is expected to set a wall as it just proved... if reached again anytime soon.
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- EdRoy·05-23The stock price jumped after hours but came back down.LikeReport