#nvidiarises4%onrevenuebeat 👍🦈🦈💤🦈💤⛽️⛽️⛽️⛽️⛽️⛽️
Nvidia far surpasses profits: revenue of $96.22 billion
Nvidia’s stock rose 4% after a major earnings surprise, but the real story lies in the price movement right before the announcement. Heavy selling pressure pushed the stock down to the exact moment the earnings were released: a typical liquidity absorption by institutions looking to find stop-loss orders from retail traders before driving the real move.
Tech momentum overall after the market close:
Salesforce: up +12%
Okta: up +19%
Trader takeaway:
Don’t chase the green candles of bullish expansion driven by FOMO. Let market volatility cool off, define a clear support structure, and manage risks properly.
$NVDAB
Nvidia far surpasses profits: revenue of $96.22 billion
Nvidia’s stock rose 4% after a major earnings surprise, but the real story lies in the price movement right before the announcement. Heavy selling pressure pushed the stock down to the exact moment the earnings were released: a typical liquidity absorption by institutions looking to find stop-loss orders from retail traders before driving the real move.
Tech momentum overall after the market close:
Salesforce: up +12%
Okta: up +19%
Trader takeaway:
Don’t chase the green candles of bullish expansion driven by FOMO. Let market volatility cool off, define a clear support structure, and manage risks properly.
$NVDAB
