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Risk event of the week starting 14/11/2022: NVIDIA Q3 earnings


MongiIG

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Chip stocks have been beaten up more than most and NVIDIA has taken its fair share. The recovery will come when it’s clear the Federal Reserve will indeed start to ease back on its rate rises.

But earnings next week could steer the trade and technicals are showing an improved outlook, to a point where a short opportunity may then kick in.

 

 

 

 

 

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