Nvidia So close to earnings report ! here is my analysis...
In this chart, I haven't moved anything at all since my previous analysis of Nvidia. The price is making its natural movement just as we’ve been predicting.
As you can see, the last candle closed by bouncing off my order block and following the pattern of my forecast arrow.(yellow dotted arrow) Based on the price behavior, we can predict that as it gets closer to November 20 — the earnings report date — it will simply be accumulating.
Nvidia's last earnings reports have been phenomenal, and I don’t doubt that this report will be a trigger for the price to make a decision.
But for now, we’ll only see the price in a range until a few days before the report, when we’ll see those high-volume candles that will drive the price in a single direction.
Which direction? The one the report indicates.
Best regards!
As you can see, the last candle closed by bouncing off my order block and following the pattern of my forecast arrow.(yellow dotted arrow) Based on the price behavior, we can predict that as it gets closer to November 20 — the earnings report date — it will simply be accumulating.
Nvidia's last earnings reports have been phenomenal, and I don’t doubt that this report will be a trigger for the price to make a decision.
But for now, we’ll only see the price in a range until a few days before the report, when we’ll see those high-volume candles that will drive the price in a single direction.
Which direction? The one the report indicates.
Best regards!
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.