What the charts say about Nvidia before earnings

📆 19/11/2024 21:02:00
📰 CNBC

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Todd Gordon breaks down the charts on Nvidia and gives a hedging strategy into earnings.

Since early last year Nvidia has become the Super Bowl of earnings and like the actual big game, it comes right at the end of the season. Here we are at the end of third-quarter earnings reporting season and markets are again on pins and needles waiting for Nvidia's earnings Wednesday after the market close to see if this boom in artificial intelligence and data center buildouts continues.

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