They say the Trend is your friend until the end! This amazing trendline has another 2 days to go before Earnings on Wednesday 8/25 after hours.
Ibelieve if you have 2 positions currently to the upside, take profit before earnings and play one for fun.
NVDA will have to blow away earnings again to get us a massive boost to $600 which I still think is very possible! But if we fall we will fall to about 320 - 350 over time to fill the gap.
But who knows it may never happen! I am more bullish than bearish in this case because of massive FOMO in this stock but whether you are long or short remember to take profits and if you are playing earnings, play with money you can afford to lose.
GLTA!
Ibelieve if you have 2 positions currently to the upside, take profit before earnings and play one for fun.
NVDA will have to blow away earnings again to get us a massive boost to $600 which I still think is very possible! But if we fall we will fall to about 320 - 350 over time to fill the gap.
But who knows it may never happen! I am more bullish than bearish in this case because of massive FOMO in this stock but whether you are long or short remember to take profits and if you are playing earnings, play with money you can afford to lose.
GLTA!
My mistake earnings were 8/23!*
Congrats to all the winners!