NVIDIALong
NVIDIA Waiting for the big day !!!!
Although we closed last week with a candlestick pattern called an 'Inside Candle,' the following candle was green, but it didn’t exceed the last high (see slanted yellow arrow).
Nvidia is stronger than ever, but that doesn’t mean the price won’t take a pause or make a small pullback before its report; rather, the price is likely entering an accumulation phase, as everyone expects Nvidia’s upcoming quarterly report to show excellent earnings results.
So my forecast for Nvidia is that it will fluctuate between my point of interest as resistance and the yellow order block as support, but the most important moment here will be its earnings report day—that’s when the price will make a decision and direction.
Thank you for supporting my analysis.
TRADE SAFE
Best regards!"
Nvidia is stronger than ever, but that doesn’t mean the price won’t take a pause or make a small pullback before its report; rather, the price is likely entering an accumulation phase, as everyone expects Nvidia’s upcoming quarterly report to show excellent earnings results.
So my forecast for Nvidia is that it will fluctuate between my point of interest as resistance and the yellow order block as support, but the most important moment here will be its earnings report day—that’s when the price will make a decision and direction.
Thank you for supporting my analysis.
TRADE SAFE
Best regards!"
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