My NVDA Chart & Pitchfork

 

By Licia Leslie

May 28th, 2025

Hi Shoppers,

 

Nvidia (Ticker: NVDA) reports earnings today after the close.

 

As we know earnings reports can be a crap shoot.

 

But very often stocks will land at support and resistance levels on my pitchforks.

 

Here is my pitchfork for NVDA:

The stock has been consolidating here for quite a while.

 

Looks to me like it could really move.

 

If they like what they hear, NVDA could trade up to $149.

 

If they love it, then $162.

 

On the downside, $118.

 

And if they really hate it then $105.

 

Good luck out there trading NVDA earnings.

 

Trade Review

 

I was wrong about the QQQs trading lower. This market is headline driven so stay nimble. IEF stopped right at my resistance at $94.28. We need a close over that to get a rally going in the ten year.

 

Thank You For Reading … See You Next Tuesday,

 

Licia Leslie

Licia Leslie

Licia Leslie

Share This Article

About the Author

Licia Leslie

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

Popular Posts

Categories

Stay Updated

Subscribe to our newsletter for daily trading insights

Upcoming Events

FOMC Meeting

2:00 PM EST

Earnings Season Begins

Pre-market

Options Expiration

Market Close

NFP Report

8:30 AM EST