Technical and Nvidia Earnings: Key Levels and Strategic Insight

20 Kas

Technical Analysis
The price has stabilized within the bullish zone, targeting 20,860 and 20,990, provided it remains above 20,655.

• A retest is possible within the range of 20,655 to 20,550.
  
• For a bearish trend to emerge, the price must break below 20,550.
  
  • Nvidia Earnings and Strategic Importance
    As NVIDIA (NVDA) gears up to release its third-quarter earnings, the company is projected to report $0.74 per share and generate $32.81 billion in revenue.
    
    Key Levels:
    Pivot Point: 20660
    Resistance Levels: 20860, 20990, 21080
    Support Levels: 20550, 20330, 20150
    
    Trend Outlook:
    Bearish below 20550
    Bullish while above 20660