NVDA: The Earnings is Leading the Market
Hello everyone! Today i want to share some trading ideas with you!
1
SPX SMA(20)=7656.
Bulls won't give up this point of contest without a fight.
Still expect a bounce toward $NVIDIA(NVDA)$'s earnings on Wedn., when a cluster of factors would make the BIG BANG sound across the broader market.
Timing is more important than other factors now.
2
$NVIDIA(NVDA)$ pre-earning & post-earning play book:
1, a sharp decline toward the earning date.
2, 2-3 days before the earning date, a 50% rebound.
3, post earning day, a sharp pop-up and reversal.
4, plunge afterwards for the same distance of the first leg.
It's been a pattern.
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