March 18, 2024

By Nigam Arora & Dr. Natasha Arora

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

Huang Speech Ahead

Please click here for a chart of Nvidia stock (NVDA).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of NVDA stock is being used to illustrate the point.
• The chart shows the longest ever run in NVDA stock.
• The chart shows that lately, NVDA stock has been volatile after it traced an outside day.  In traditional technical analysis, an outside day is a reversal pattern.
• The chart shows an Arora signal to hedge was given at the top, right before the big drop.