Charting My Interruption (CMI): “NVDA: A Semi-Important EPS Release.”

Highlights

  • With NVDA set to release eps this evening after the close, we have neither a long-term trend following, nor a short-term swing trade position in the stock.
  • While the odds of us engaging in a long-term trend following position is remote (stock is trading at nearly 36x EV/Sales), we are monitoring for another swing trading setup.
  • The last one developed before the run from $500 to $1000, culminating in a 10:1 stock split in March'24.
  • In today. . .

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