
8% MOVE EXPECTED IN NVIDIA AFTER EARNINGS – THE MOST IMPORTANT EVENT FOR THE STOCK MARKET
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Stock Market Direction 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 NVDA stock has moved up against the low band of the resistance zone. RSI on the chart shows that there is room for a significant move in either direction. NVDA options implied volatility indicates an 8% move in either direction