HUMAN-LIKE REASONING ‘STRAWBERRY’ AHEAD, AGGRESSIVE NVIDIA BUYING, HOTTER INFLATION DATA
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Human-Like Reasoning AI 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 is being used to illustrate the point.
- The chart shows that last week NVDA stock touched the top band of the support zone.
- RSI on the chart shows that NVDA was oversold when it touched the top band of the support zone. Oversold stocks tend to bounce. The chart shows this is exactly what was happening until yesterday.
September 12, 2024