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August 23, 2023

NVIDIA – KING OF AI BECOMES KING OF STOCK MARKET

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

King Nvidia

Please click here for a chart of Nasdaq 100 ETF (QQQ).

Note the following:

  • The chart shows that  touched the low band of the resistance zone and reversed.
  • The chart shows that going into Nvidia (NVDA) earnings,  has rallied to the downsloping trendline.
  • RSI on the chart shows that the stock market is coming out of the oversold condition ahead of Nvidia earnings.
  • The sum total of the foregoing is the technical setup for the stock market is positive going into Nvidia earnings.
… Please click here or the title below to read more.
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