NVIDIA Is High However It's Other Investments are on Sale NNOX
The Market experienced majority sell offs during the regular trading hours on Monday Following Friday's Previous rally. While NVIDIA may still be too high to buy the dip (we wanna look for under 800-750) It's other investment interests such as SOUN ARM and most Notably NNOX are fair game and their current prices.
When there is blood in the streets it's time to eat (IYKYK)
CPI coming up anything short of terrible could likely send the stocks back up catching the lows of Monday was essential as CPI is coming up before market open on Tuesday.
If you missed the train don't miss out on NNOX medical imaging as the company are having earnings on Tuesday. There is a very good chance as well if there is a positive correlation between the two data points (CPI and Earnings) this could spark the catalyst for a rally within NNOX and other NVDA related Tickers.
Key Points of Support and Resistance
We wanna Look for Resistance around 11.24-11.38 on NNOX as this was our high from last week.
We also want to watch support if the data goes south at around 8.20-8.05 as these were are lowest lows from February.
When there is blood in the streets it's time to eat (IYKYK)
CPI coming up anything short of terrible could likely send the stocks back up catching the lows of Monday was essential as CPI is coming up before market open on Tuesday.
If you missed the train don't miss out on NNOX medical imaging as the company are having earnings on Tuesday. There is a very good chance as well if there is a positive correlation between the two data points (CPI and Earnings) this could spark the catalyst for a rally within NNOX and other NVDA related Tickers.
Key Points of Support and Resistance
We wanna Look for Resistance around 11.24-11.38 on NNOX as this was our high from last week.
We also want to watch support if the data goes south at around 8.20-8.05 as these were are lowest lows from February.