ClearValue Team Insights
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Will SOUN Rally Headed Into May 9 Earnings?
$SOUN had a very bullish rally in Feb. 2024 due to news that $NVDA owns 1.7 M SOUN shares. SOUN has an important earnings announcement on May 9 that could be the catalyst for a continued rally. NVDA also has earnings a few weeks later on May 22, which can also affect SOUN’s price action. […]Read More
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