NVDA earnings around the corner....
NVDA is holding on for dear life ain't it?! I think it's interesting how things have been performing as of late. Many star companies are rallying into earnings & selling off hard. Let's try to keep watch on NVDA... ok?
3 month... in a rising channel. Bullish inside of the channel. Break of channel, bearish. And there can be bullish & bearish setups w/in the channel. Right now... bullish like.
Earnings is the last week of Aug. NVDA has had the task of saving the market for the last 2 years. I don't know all the things to know about the semi ~ data ~ compute worlds, but NVDA is in the mix. So let's see what we can see.
Things going on....
*8/7 Non-Farm
* Iran is still on one though Prez says deals on horizon
* Oil is itching to spike
* Midterm elections looming this year
I think if something wild happens prior to NVDA earnings, I may just believe that Jensen Huang will save us yet again. Eyes wide open!