NVDA 11/16 Earnings Run and Long
NVDA is one of my favorite stocks.
As for the earnings run I couldn't tell you if it will pump or dump after we hear earnings but here is why I like this stock for the following week:
1)MACD hit below -15.00. If we look at the last time it did that we had a month long bull run of +$100. The big unknown is earnings.
2)The support and resistance wedge is getting smaller just in time for earnings. We could be following either green line support. we will see as the week begins.
As for the earnings run I couldn't tell you if it will pump or dump after we hear earnings but here is why I like this stock for the following week:
1)MACD hit below -15.00. If we look at the last time it did that we had a month long bull run of +$100. The big unknown is earnings.
2)The support and resistance wedge is getting smaller just in time for earnings. We could be following either green line support. we will see as the week begins.
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