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