Why This Health and Energy Company Could Be a Good InvestmentThis company (NASDAQ: ATPC) is based in Malaysia and focuses on health and energy solutions. Even though its stock prices have had ups and downs, it offers some promising reasons why you might want to consider investing.
1. Wide Range of Health Products
The company provides various health-related items, such as supplements that improve cell health, help detoxify the body, support better blood flow, and reduce aging effects. These products cover many health needs, showing that the company takes a broad approach to wellness.
2. Focus on Innovation and Partnerships
It’s not just about what they sell; the company has teamed up with others to create new solutions. For example, it recently introduced an advanced device to improve breathing, which is a timely response to health concerns around the world. This shows they’re not afraid to innovate and work with others to grow.
3. Expanding into Clean Energy
The company is also looking beyond health and moving into renewable energy. It’s working with partners to make solar energy systems more accessible in Southeast Asia. By diversifying into this booming sector, the company is setting itself up to ride the wave of global demand for sustainable solutions.
4. Staying on Track with Global Standards
The company recently met the stock exchange’s rules to stay listed, which is a sign of good management and stability. Being listed on a major exchange boosts its credibility with investors.
Why It Could Be a Smart Buy
This company’s mix of health products, clean energy efforts, and commitment to staying competitive on the global stage makes it worth considering. Of course, as with any investment, you’ll want to do your own research and weigh the risks before deciding.
Nasdaq
NAS100 - Nasdaq will stabilize above 21 anytime?!The index is above the EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel. If the index rises towards the specified supply zone, you can look for Nasdaq sell positions to target the bottom of the ascending channel. Nasdaq buying positions will be at the bottom of the channel and the demand zone after the continuation of the corrective movement
The housing sector was in the spotlight last week. The market has regained attention following an unexpected surge in mortgage rates, which have risen by nearly 75 basis points since the Federal Reserve’s first rate cut during its September meeting. According to Freddie Mac, the average rate for 30-year mortgages climbed to 6.8% in the week ending November 21, offsetting much of the reductions seen in August and September.
Existing home sales increased by 3.4% in October, breaking a two-month decline. However, it’s important to note that October’s data largely reflects homebuying activity from late September, a period when mortgage rates were trending downward.
Despite this rise, the annualized sales rate of 3.96 million units in October remains sluggish. By comparison, the 2021 average was about 6.1 million units, with current declines largely attributed to higher yields on mortgage-backed securities (MBS).
Consumers remain relatively resilient, continuing to spend at a strong pace. October’s retail sales data exceeded expectations with a 0.4% increase, supported by upward revisions to previous figures. This trend indicates that households are entering the holiday season under favorable economic conditions.
In the upcoming week, durable goods orders data is anticipated. This segment, particularly aircraft orders, has experienced significant volatility in recent months. Challenges in the aviation industry are among the main reasons for this instability. While strikes may have impacted production last month, Boeing data reveals that only 63 new aircraft orders were placed in October, roughly matching the prior month’s figure. As a result, conditions in October are expected to have stabilized somewhat.
Overall, demand appears to be leveling out, yet uncertainties regarding corporate investment spending persist. Although borrowing costs and interest rates have been decreasing, the extent and intensity of these declines remain uncertain. Federal Reserve officials have recently acknowledged that, due to strong economic data and sticky inflation, rate cuts in the coming months are likely to proceed gradually and at a slower pace. Additionally, even though U.S. elections have concluded, it is still unclear which policies, particularly tariffs, will be implemented.
This week, several regional indicators—such as the Dallas Fed Manufacturing Index, the Richmond Fed Manufacturing Index, and the Chicago Fed National Activity Index—will be released. Monitoring these data points could provide a clearer picture of the U.S. economy’s health and serve as leading indicators for assessing upcoming economic releases.
Fed Chair Jerome Powell recently indicated that both headline and core Personal Consumption Expenditures (PCE) indexes are expected to rise from 2.1% to 2.3% and from 2.7% to 2.8%, respectively, in October. If these projections materialize, the Fed may still proceed with a rate cut in December.
Should the PCE report fail to offer clear guidance on the Fed’s next move, investors will turn their attention to the minutes from the November monetary policy meeting, which will be released on the same day. Additionally, other critical data, such as personal income and spending, durable goods orders, and the second estimate of Q3 GDP growth, will be published on Wednesday.
According to CME data, market participants estimate a 56% probability of a 25-basis-point rate cut in the upcoming Fed meeting on December 18, while a 44% chance of holding rates steady is also considered. These probabilities could shift with the release of more data ahead of the meeting. Furthermore, the minutes from the November FOMC meeting are also expected this week.
Nasdaq: Gains Driven by Data, Eyes on Key Events Next WeekNasdaq: Gains Driven by Data, Eyes on Key Events Next Week
The Nasdaq ended the week on a positive note, buoyed by strong economic data, robust corporate earnings, and supportive seasonality. However, investors are shifting their focus to critical upcoming events: the FOMC meeting on Tuesday and the PCE inflation report on Wednesday. These events have the potential to set the tone for the markets for the remainder of the year.
Mixed Economic Data
The past week brought a blend of economic data, with some encouraging signals and a few disappointments:
- Initial Jobless Claims (Nov. 16): At 213K, the result came in better than the 220K consensus, underscoring the resilience of the labor market and reducing recession fears.
- Philadelphia Fed Manufacturing Index (Nov.): Disappointed at -5.5 against expectations of 8, reflecting continued weakness in the manufacturing sector.
- Michigan Consumer Sentiment Final (Nov.): Came in at 71.8, below the 73.7 forecast, indicating a slight dip in consumer confidence.
- S&P Global Services PMI Flash (Nov.): Surprised to the upside with a reading of 57.0, exceeding the expected 55.2, highlighting the strength of the services sector.
Nvidia Shines Bright
Corporate earnings added to the bullish sentiment, led by Nvidia's impressive Q3 results. The company reported revenue of 35.08 billion dollars, significantly above the consensus estimate of 33.17 billion dollars. As a leader in AI-related technology and semiconductors, Nvidia's results lifted the broader tech sector and contributed to Nasdaq's gains.
Market Sentiment and Seasonality
The Fear & Greed Index currently stands at 61, in the "Greed" zone, indicating a risk-on environment as investors show confidence in equities. Seasonality also plays a crucial role. Historically, Nasdaq benefits from end-of-year trends, especially in an election year, when policymakers often aim to maintain market stability.
Challenges Ahead
While the current momentum is positive, the market faces significant tests next week with two major events:
1. FOMC Meeting (Tuesday): The Federal Reserve’s policy decisions and commentary will be in the spotlight. Investors will look for signals on whether the Fed plans to pause or keep the door open for further rate hikes in 2024.
2. PCE Inflation Report (Wednesday): The core PCE inflation data, the Fed's preferred measure of price pressures, could shape expectations for monetary policy. A higher-than-expected reading might increase concerns about further tightening, while a lower figure would reinforce the soft landing narrative.
Lingering Risks
In addition to the upcoming macroeconomic events, investors remain wary of:
- Trade Policy: Former President Donald Trump’s proposed tariffs on imported goods could stoke inflation and weigh on economic growth.
- Geopolitics: The ongoing risk of escalation in the Ukraine conflict continues to loom over global markets.
Soft Landing: The Baseline Scenario
Looking at the current data, the Nasdaq appears to be on the path to a soft landing, supported by a strong labor market and robust technology sector performance. Favorable seasonality—both year-end trends and election-year dynamics—further bolsters the case for continued gains, which remains the baseline scenario for now.
Conclusion
The Nasdaq has shown strength, but next week’s FOMC meeting and PCE inflation report could reshape market dynamics. The key question is whether the data will support the soft landing narrative or signal a need for further monetary tightening.
What are your thoughts on the Nasdaq’s outlook given the upcoming Fed meeting and inflation data? Will the index sustain its rally, or are we in for increased volatility? Share your insights in the comments.
A Groundbreaking Weekly Close: Is a Big Move Loading?
🔥 The market has spoken, and it’s speaking LOUD. 🔥
This past week’s historic close is nothing short of monumental. For the first time, the market confidently surged above the previous All-Time High (ATH) — breaking through with conviction backed by exceptional volume. But what does this mean for the days ahead? Let’s break it down.
A Look Back: What History Tells Us
📈 Reversal That Changed the Game:
Earlier this year, the market reversed from a minor dip at the ATH with a surge in liquidity. That move ignited a massive 10% rally. And now, we see the same conditions emerging:
Liquidity ✔️
Strong volume ✔️
Breakthrough resistance ✔️
🔎 The Election Week Trap:
Sometimes, the market plays tricks. The US Election Week candle gave us a massive move but was immediately retraced the following week. This teaches us an important lesson: ignore the noise and focus on what truly matters — consistent price action backed by volume.
Why This Weekly Close Stands Out
✅ Exceptional Volume: Unlike election-driven volatility, this close is supported by sustained buying pressure.
✅ Breaking Major Resistance: The market isn’t just flirting with the ATH; it’s clearing it decisively.
✅ Momentum Reset: We’re now undoing the noise from previous eventful candles and focusing on the real trajectory.
What’s Next: Is Another 10% Rally in the Cards?
The stars are aligning for a potential repeat of history. With liquidity unlocked and resistance broken, the market could be gearing up for an even bigger move in the coming days. This past week’s candle could be the foundation for a new bullish wave, signaling a continuation to higher highs.
🧠 Key Takeaways for Traders
💡 Ignore the distraction of single-event candles like the election weeks — focus on volume-backed closes.
💡 Watch for sustained momentum — this close is a signal, not just a moment.
💡 Be prepared for potential follow-through that could mirror the prior 10% move or even exceed it.
⚡ Conclusion: The Market Is Ready to Make a Move ⚡
This isn’t just a weekly close; it’s a statement. The market is poised, primed, and ready to go. Are you ready to ride the wave?
➡️ A major move is loading… and you don’t want to miss it.
🔔 Stay sharp, stay focused, and let the market show its hand!
Nasdaq: Gains Driven by Data, Eyes on Key Events Next WeekNasdaq: Gains Driven by Data, Eyes on Key Events Next Week
The Nasdaq ended the week on a positive note, buoyed by strong economic data, robust corporate earnings, and supportive seasonality. However, investors are shifting their focus to critical upcoming events: the FOMC meeting on Tuesday and the PCE inflation report on Wednesday. These events have the potential to set the tone for the markets for the remainder of the year.
Mixed Economic Data
The past week brought a blend of economic data, with some encouraging signals and a few disappointments:
- Initial Jobless Claims (Nov. 16): At 213K, the result came in better than the 220K consensus, underscoring the resilience of the labor market and reducing recession fears.
- Philadelphia Fed Manufacturing Index (Nov.): Disappointed at -5.5 against expectations of 8, reflecting continued weakness in the manufacturing sector.
- Michigan Consumer Sentiment Final (Nov.): Came in at 71.8, below the 73.7 forecast, indicating a slight dip in consumer confidence.
- S&P Global Services PMI Flash (Nov.): Surprised to the upside with a reading of 57.0, exceeding the expected 55.2, highlighting the strength of the services sector.
Nvidia Shines Bright
Corporate earnings added to the bullish sentiment, led by Nvidia's impressive Q3 results. The company reported revenue of 35.08 billion dollars, significantly above the consensus estimate of 33.17 billion dollars. As a leader in AI-related technology and semiconductors, Nvidia's results lifted the broader tech sector and contributed to Nasdaq's gains.
Market Sentiment and Seasonality
The Fear & Greed Index currently stands at 61, in the "Greed" zone, indicating a risk-on environment as investors show confidence in equities. Seasonality also plays a crucial role. Historically, Nasdaq benefits from end-of-year trends, especially in an election year, when policymakers often aim to maintain market stability.
Challenges Ahead
While the current momentum is positive, the market faces significant tests next week with two major events:
1. FOMC Meeting (Tuesday): The Federal Reserve’s policy decisions and commentary will be in the spotlight. Investors will look for signals on whether the Fed plans to pause or keep the door open for further rate hikes in 2024.
2. PCE Inflation Report (Wednesday): The core PCE inflation data, the Fed's preferred measure of price pressures, could shape expectations for monetary policy. A higher-than-expected reading might increase concerns about further tightening, while a lower figure would reinforce the soft landing narrative.
Lingering Risks
In addition to the upcoming macroeconomic events, investors remain wary of:
- Trade Policy: Former President Donald Trump’s proposed tariffs on imported goods could stoke inflation and weigh on economic growth.
- Geopolitics: The ongoing risk of escalation in the Ukraine conflict continues to loom over global markets.
Soft Landing: The Baseline Scenario
Looking at the current data, the Nasdaq appears to be on the path to a soft landing, supported by a strong labor market and robust technology sector performance. Favorable seasonality—both year-end trends and election-year dynamics—further bolsters the case for continued gains, which remains the baseline scenario for now.
Conclusion
The Nasdaq has shown strength, but next week’s FOMC meeting and PCE inflation report could reshape market dynamics. The key question is whether the data will support the soft landing narrative or signal a need for further monetary tightening.
What are your thoughts on the Nasdaq’s outlook given the upcoming Fed meeting and inflation data? Will the index sustain its rally, or are we in for increased volatility? Share your insights in the comments.
Nasdaq: Gains Driven by Data, Eyes on Key Events Next Week Nasdaq: Gains Driven by Data, Eyes on Key Events Next Week
The Nasdaq ended the week on a positive note, buoyed by strong economic data, robust corporate earnings, and supportive seasonality. However, investors are shifting their focus to critical upcoming events: the FOMC meeting on Tuesday and the PCE inflation report on Wednesday. These events have the potential to set the tone for the markets for the remainder of the year.
Mixed Economic Data
The past week brought a blend of economic data, with some encouraging signals and a few disappointments:
- Initial Jobless Claims (Nov. 16): At 213K, the result came in better than the 220K consensus, underscoring the resilience of the labor market and reducing recession fears.
- Philadelphia Fed Manufacturing Index (Nov.): Disappointed at -5.5 against expectations of 8, reflecting continued weakness in the manufacturing sector.
- Michigan Consumer Sentiment Final (Nov.): Came in at 71.8, below the 73.7 forecast, indicating a slight dip in consumer confidence.
- S&P Global Services PMI Flash (Nov.): Surprised to the upside with a reading of 57.0, exceeding the expected 55.2, highlighting the strength of the services sector.
Nvidia Shines Bright
Corporate earnings added to the bullish sentiment, led by Nvidia's impressive Q3 results. The company reported revenue of 35.08 billion dollars, significantly above the consensus estimate of 33.17 billion dollars. As a leader in AI-related technology and semiconductors, Nvidia's results lifted the broader tech sector and contributed to Nasdaq's gains.
Market Sentiment and Seasonality
The Fear & Greed Index currently stands at 61, in the "Greed" zone, indicating a risk-on environment as investors show confidence in equities. Seasonality also plays a crucial role. Historically, Nasdaq benefits from end-of-year trends, especially in an election year, when policymakers often aim to maintain market stability.
Challenges Ahead
While the current momentum is positive, the market faces significant tests next week with two major events:
1. FOMC Meeting (Tuesday): The Federal Reserve’s policy decisions and commentary will be in the spotlight. Investors will look for signals on whether the Fed plans to pause or keep the door open for further rate hikes in 2024.
2. PCE Inflation Report (Wednesday): The core PCE inflation data, the Fed's preferred measure of price pressures, could shape expectations for monetary policy. A higher-than-expected reading might increase concerns about further tightening, while a lower figure would reinforce the soft landing narrative.
Lingering Risks
In addition to the upcoming macroeconomic events, investors remain wary of:
- Trade Policy: Former President Donald Trump’s proposed tariffs on imported goods could stoke inflation and weigh on economic growth.
- Geopolitics: The ongoing risk of escalation in the Ukraine conflict continues to loom over global markets.
Soft Landing: The Baseline Scenario
Looking at the current data, the Nasdaq appears to be on the path to a soft landing, supported by a strong labor market and robust technology sector performance. Favorable seasonality—both year-end trends and election-year dynamics—further bolsters the case for continued gains, which remains the baseline scenario for now.
Conclusion
The Nasdaq has shown strength, but next week’s FOMC meeting and PCE inflation report could reshape market dynamics. The key question is whether the data will support the soft landing narrative or signal a need for further monetary tightening.
What are your thoughts on the Nasdaq’s outlook given the upcoming Fed meeting and inflation data? Will the index sustain its rally, or are we in for increased volatility? Share your insights in the comments.
Unlocking the Myth of Price Action: A Strategic PerspectiveThe Market’s Telltale Signs:
History shows that when markets experience sharp moves—either a dramatic drop or an explosive rally—pullbacks often follow. These pullbacks are driven by strong follow-through candles that signal renewed interest and participation from market players. Such formations act as the market’s way of hinting at a potential reversal or retracement.
The Current Scenario:
Right now, the price action is falling short of these historical signals. The market has yet to produce the kind of decisive, bullish candle that would suggest a meaningful reversal. The recent candles lack strength, structure, and conviction, leaving the prevailing trend intact.
Why It Matters:
In trading, patience is a superpower. Jumping into the market without confirmation from strong signals can be costly. At this point, staying on the bearish side is the smarter move. Let the market speak—wait for that bold, unmistakable bullish candle to confirm the tide is turning before considering a shift in strategy.
On the Flip Side:
However, if the bulls do take charge, we could witness a substantial upside movement. A strong, decisive bullish move would signal a shift in momentum, potentially leading to a significant rally. This could present an excellent opportunity for those ready to ride the bullish wave when it materializes.
The Bottom Line:
Stay aligned with the bearish trend for now, but remain vigilant. A strong bullish candle could unlock a major upside, so keep an eye on the market for any signs of a shift. The key is to let the price action confirm the next move before committing to a new direction!
NASDAQ TODAYToday is a calm day for US100 until the 3:30 PM pull ;
today, it seems like it ll be going down after a lot of hesitations, a lot of reticence to get over 21K ;
we managed to get the descent the other day (orange lines), today seems like either a big pull out, going towards 22K, but pretty unlikely to happen, or a big drawdown like that, reinitializing RSI for the next rally.
NASDAQ testing the MA50 (4h). Buy signal if broken.Nasdaq is on a slow rebound following the test of the long term Buy Zone, right over the MA50 (1d).
Today it hit the MA50 (4h) and so far it is struggling to close above it.
On all prior bottoms, once the MA50 (4h) broke, it issued a bullish confirmation.
Trading Plan:
1. Buy when the price crosses above the MA50 (4h).
Targets:
1. 21450 (the 1.236 Fibonacci extension).
Tips:
1. The RSI (4h) is also rebounding after a 30.00 test. Also consistent with all prior bottoms. This is an additional buy signal.
Please like, follow and comment!!
Notes:
Past trading plan:
Tech on the Edge: SMH vs. QQQ Signals Caution Amid Bull MarketIntroduction:
While we remain enthusiastic about the strength of the current bull market, emerging signs of stress in capital flows warrant a closer look, particularly in the tech sector. One key metric to monitor is the ratio between semiconductors (SMH) and the Nasdaq 100 (QQQ). This ratio acts as a barometer for tech sector health: when SMH outperforms QQQ, it indicates a risk-on environment; conversely, QQQ outperforming SMH raises caution flags.
Analysis:
Tech Sector Barometer: The SMH-to-QQQ ratio has historically been a reliable indicator of momentum in the tech sector. Outperformance by SMH reflects strong demand for semiconductors and broader tech health, while underperformance signals potential concerns.
Emerging Concern: Currently, we’re observing the potential development of a rounding top formation in the SMH-to-QQQ ratio. While this formation isn’t confirmed, a breakdown below key support would validate it, signaling broader weakness in the tech sector.
Critical Inflection Point: For now, chip bulls must take control and push this ratio higher to maintain sector strength and prevent a broader pullback in the market. Failure to do so could signal a shift in sentiment and increased vulnerability in tech stocks.
Conclusion:
The SMH-to-QQQ ratio is at a critical juncture, with the potential to dictate near-term momentum in the tech sector. While the bull market remains intact, any confirmed weakness in this ratio could signal broader vulnerability in tech stocks. Will chip bulls step up to defend the sector, or are we on the cusp of a pullback? Share your thoughts below!
Charts: (Include relevant charts showing the SMH-to-QQQ ratio, the potential rounding top formation, and key support levels)
Tags: #Semiconductors #Nasdaq #TechSector #SMH #QQQ #MarketTrends #TechnicalAnalysis
Short time, target 138Following daily chart.
I am posting a couple of hours before earning.
First, I don't believe the earnings will be good enough to push the price more. Also, I am following 3 different power indicators, which all gave me a short signal.
In this case, I want to use 2 different Fibonacci levels for the target, The first one is a long run from august, the other one is a short run, and both targets are around 137 for me.
TP 138
SL 147 - stop under 147 candle close.
Btw I see the same pattern in Amazon and SPX, so I am short in both 3 of them.
What do DJI, SPX and NDX have in common?Well the obvious answer is that they are Major USA indices and they also share some of the big players as stocks which make up their composite Indices.
My answer the Question...
The beauty of Trading View is the ability to combine all sorts of aspects of trading information together, whether it be writing new scripts, combining indicators or in my case combing major indices together in Logarithmic view to get a new way of future price discovery (for SPX & NDX) by looking backwards or left at price structure on the next highest valued Indice.
As we know A.T.M all 3 Indices are at A.T.H's so at some point in the near future there will be a move higher into new price territory. The question then is where is the price target? Where is the next resistance level when there is no price structure to the left on that Indice?
What I noticed historically about these Indices is that past price structure (major highs and lows) from the higher valued Indice (Mostly DJI) is horizontally plotted forward into the future onto the lesser valued Indice. Like looking left historically at an instrument with a lot of data for support and resistance levels.
Obviously with DJI being the highest dollar value Indice and it also moving higher past its all time high at some point into unknown price territory, we will have to rely on its own price structure for support levels or Fibonacci levels for clues about were price will find resistance levels in the future.
On SPX and NDX though we have a different story. As these 2 Indices move higher into unknown price territory with no price structure of their own to the left looking back, we can use the past price structure of the higher dollar valued Indice (DJI) market highs and lows to assess future levels of resistance or to find future price targets.
With SPX we will be able to use NDX and also DJI to find future higher price targets and resistance.
With NDX we will be able to use DJI to find future higher price targets and resistance.
Some examples,
If you pull up these 3 indices on a line chart yourself you will find that with NDX and SPX the support levels for the Dotcom and GFC crash's were DJI's historical price structure levels from 1961-1981. $731-$965.
If you look at SPX the present high and previous equal high on 01/2022 you will find it is mirrored in price structure on NDX 2015-2016 period and that the 2000 Dotcom peak is acting as a support level $4380 for present SPX price structure. NDX 01/2022
If you go way back in time to the 1930's Great depression market crash you will find the Aug 1929 SPX high $32.50 was in fact a resistance level which became support level for DJI back in 1898 and 1903 respectively.
The major past Cycle Highs on the higher valued Indice prior to recession tend to be the resistance levels for for future highs on the lower valued Indices. Or resistance levels that were broken and became support on DJI became resistance dollar value levels for SPX and NDX.
It is obvious that vertically this 3 indices would show similar reactions to market shocks but I'm not quite sure why horizontally there are so many matching price support and resistance levels.
This is a Monthly Chart over a 130 year period so the levels are harder to see and not precisely dollar accurate but if you use a weekly or daily chart you will see the levels line up very well.
So, obviously in my head I'm wondering what the heck is happening here exactly?
Some of these older levels have played out over 50-60 years into the future on DJI to the SPX and NDX, more recently the time frame is reducing to around 10-20 years.
Fibonacci levels also work on this chart going from lowest value Indice at a recession low to next business cycle high on highest value Indice.
Maybe W.D Gann could explain this accurately for me....Like is there some sort of Fractal playing out here or do the Wall street crew already use this method or is it the madness of the crowd echoing forward through time unwittingly expressing human emotion into charts of financial greed and fear? Who knows? I'd like to hear Traders ideas about this phenomena.
S&P500 INDEX (US500): One More Bullish Confirmation
S&P500 leaves one more bullish clue after a recent test of a daily support.
This time, the price managed to violate a resistance line of a falling
parallel channel.
With a high probability, the index will reach 5954 level soon.
❤️Please, support my work with like, thank you!❤️
NVIDIA Q3 earnings exceed expectations, but stock price falls
Nvidia's third-quarter earnings surpassed market expectations. The EPS stood at 81 cents, notably higher than the market consensus of 75 cents. Total sales reached almost $35 billion, exceeding the forecast of $33 billion. This impressive performance was highlighted by a remarkable 94% increase in total sales compared to last year's period, alongside a robust 106% surge in net profit.
Despite delivering a solid third-quarter performance, Nvidia's stock price took a hit. This drop occurred as the company's fourth-quarter sales guidance fell short of Wall Street's elevated expectations. The market had projected Nvidia's fourth-quarter sales to reach $37.5 billion, but the company revealed that it would instead be at $37.1 billion.
NVDA has fallen slightly since the earnings announcement and remains around 146.00. However, the price still remains within the ascending channel, indicating momentum. If NVDA sustains an uptrend within the channel, the price may gain upward momentum toward the 150.00 high. Conversely, if NVDA breaks below the channel’s lower bound, the price may fall further to 138.30.
NVDA Predictive Modeling Outlook : Pre Earnings 11-20-24I thought I would have a little fun with my ADL Predictive Modeling system.
This shows the Daily & Weekly predictive results for NVDA prior to the earnings data release.
Have fun.
This is really just to show you how the ADL system works and to test the outcome related to NVDA's earnings/outcome.
Get some..
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold