NVDA: Filled gap down, watch for pro trader pre-earnings run
NVDA has filled the gap down from the negative earnings reaction in November 2018. The stock is likely to consolidate or shift sideways at this resistance level if it is to build energy to move higher. There is some Dark Pool accumulation in the bottoming pattern. HFTs have gapped this stock on earnings news in the past. Earnings will be reported May 9th. A month out is a good time to start watching for the pro trader patterns that lead to momentum in a pre-earnings run.
Martha Stokes, CMT
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