Will #Render ’s Rise Continue?

As you know, NVIDIA’s earnings report is set to be released today. Let’s analyze how #Render has reacted to similar events in the past.

First, we can note that earnings announcement days tend to be highly volatile. Over the past two years, NVIDIA has generally reported earnings that exceeded expectations. Interestingly, #Render (RNDR) usually starts to rise about two weeks prior to these announcements. However, despite strong earnings reports, #RNDR has experienced declines ranging from 15% to 40%.

Now, with #Render showing an green trend for the first time in 157 days, the question remains: can these drops be seen as buying opportunities? Time will tell.