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Nvidia reports earnings today, so we’re starting there before moving into stocks reporting on Thursday, November 20th. We’ll keep an eye on how price behaves around key levels — especially the ones traders sometimes think are “broken,” even though the market hasn’t truly given up on them.

🔍 Highlights

1️⃣ Nvidia (NVDA):

Still holding above the October 22nd low, which keeps the broader forecast technically intact heading into earnings. Short-term bears keep pressing into that level, but buyers continue to defend it. A small trendline slant has been containing price action recently, and today’s session is hinting above it — suggesting Bullish energy may be returning ahead of the release.

2️⃣ Walmart (WMT):

WMT dipped below its October 2nd low intraday on November 14th, but has not been able to post a closing break. This is where traders often misjudge “broken” support — price trades through it, but buyers keep stepping in. A lesson straight out of Hima’s Wall Street days: levels still matter until the market shows otherwise.

3️⃣ Construction Partners (ROAD):

The stock is working its way back toward August 6th support. The past three sessions have stayed inside the November 14th range, creating a clean “wait for the break” setup. A break higher opens retracement toward the October 22nd high, while a break lower brings the August level into play.
For Lost Forecasting users, the blue dashed line marks the trend-assessment threshold from your Session 2 training.

4️⃣ Jacobs Solutions (J):

Drifting toward the September 5th low. Based on current action, there isn’t much room left before testing that support. Not a spot to stick your hand out and buy blindly, but a place to watch for a turn — especially post-earnings.

5️⃣ Maximus (MMS):

Returning toward a recent rising window, which may offer support. The decline off the October 6th high also shows the natural rhythm described in the Missing Trends Strategy — trends don’t move in straight lines. As long as MMS stays above the August 6th high, it has room to form a tradable low.

6️⃣ Veeva Systems (VEEV):

Still supported by the September 4th hammer candle low, located just above the large rising window from May 29th. Together they form a meaningful support zone. Unless earnings shake things up, this area could offer footing before any deeper pullback.

So that’s my take on Nvidia ahead of earnings — and on the other stocks reporting Thursday. NVDA will likely be the most market-moving given its weight in the S&P 500, while the rest may offer opportunities if you’re looking beyond your usual watch list.

If you found value in this video — useful technical analysis techniques, reminders, or stocks to keep on your watch list — go ahead and hit that like button.

~Hima

PS We’re just over halfway through Q4, but there are more live training opportunities left on deck! Check out our Events calendar for the schedule anytime.