I May Have Missed A Few

The Missing Links: May 4-8 Alpha Update

Supplemental analysis for Wild Swing Trades readers.

1. High-Impact Earnings (The "Big Three")

While index levels are key, these individual tickers have massive binary events this week. Manage your risk accordingly.

Ticker Timing Catalyst Strategy
PRU May 5 (After Close) Q1 Earnings Watch for Gap Fill / Volatility expansion
IREN May 7 (After Close) Q3 Earnings GPU Cluster / AI Pivot update (52% Upside potential)
WULF May 8 (Pre-Market) Q1 Earnings EPS Revision focus; watch $18.50 support
2. The Technical Edge: SLV & NVDA

SILVER (SLV) – The Wedge Completion

The falling wedge on SLV is reaching its apex. After the $100 doji earlier this year, this correction is testing the patience of bulls.

  • Key Support: $77.00
  • Upside Target: $85.00
  • Invalidation: Daily close below $72.00

NVIDIA (NVDA) – Negative Divergence

Despite the "AI Trend" hype, NVDA is showing volume exhaustion on lower timeframes.

  • The Setup: Price is holding $191, but volume tops are lower. If $191 snaps, look for the $183 "Golden Zone" Fibonacci retest.
Weekly Summary Checklist
Asset Trend Bias Execution Tip
PRU Bullish Momentum Look for "Run into Earnings" scalp
SLV Neutral/Wait Wait for wedge breakout confirmation
IREN Bullish Swing Targeting $74.38 consensus price

Disclaimer: This content is for educational and illustrative purposes only. All trading involves risk. Use stop losses.

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