Options360

Nvidia earnings today @ 4:20pm

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NASDAQ:NVDA   NVIDIA
(NVDA) Nvidia Q3 earnings are today 11/16 at 4:20pm. Nvidia (NVDA) reported Q2 July 2022 earnings of $0.54 per share on revenue of $6.7 billion. The consensus earnings estimate was $0.55 per share on revenue of $8.1 billion. Revenue grew 3.0% on a year-over-year basis. The company said it expects Q3 revenue of $5.782 billion to $6.018 billion with gross margins of approximately 65%. Its earnings guidance was in the range of $0.68 to $0.77 per share. NVDA piRSI & FibVIP went overbought and it tapped major resistance on Triangular Trend Channel on the 1 day chart yesterday. Here's levels on the 1 day chart:

Q3 October 2022 Consensus:
EPS = $0.67
Revenue = $5.80 B

SMA20 MTTC2.0 1 day chart:
top = $169
R3 = $162
R2 = $155
R1 = $148
pivot = $141
S1 = $134
S2 = $127
S3 = $119
bottom = $112

SMA's 1 day chart:
SMA50 = $132
SMA100 = $150
SMA150 = $160
SMA200 = $182

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*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

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Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
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Comment:
NVDA earnings Wednesday 2/22 @ 4:20pm

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