ClearValue Team Insights
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NVDA Bullish RSI Rebound Headed Into May 22 Earnings
All eyes will be on $NVDA headed into the May 22 earnings announcement. NVDA had a very bullish RSI bounce and rebound marked by the green triangles. There is support at $756.58 and resistance at $972.04 headed into May. I think it’s possible that NVDA breaks through the $1,000 barrier on this next move up. […]Read More
U Seasonality Suggests More Downside in May
TrendSpider’s seasonality index suggests that there is likely to be more downside for U in May. There is also a nice multimonth bullish trend between June, July, and August. I think a swing trade buying in May and selling in August makes a lot of sense. U is already at a great price but just […]Read More
SPY & QQQ Are Trending Up
The S&P and NASDAQ have successfully rebounded and are trending up. GOOGL and MSFT delivered big time yesterday. NVDA will get a lot of hype and attention on May 22 as well. For now I think the stock market is recovering and trending up.
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