Nvidia Stock Price Levels to Watch as Earnings Report Looms
Key Takeaways
- Nvidia shares are in the spotlight ahead of the AI darling’s quarterly results later this week and following a report that the company’s next-generation Blackwell chips have encountered issues overheating in servers.
- The stock has hit new record highs this month, but trading volumes have continued to decrease, indicating a lack of buying participation from larger market participants.
- Investors should watch key support levels on Nvidia’s chart around $97, $76, and $48, while monitoring a bars pattern price target near $270.
Nvidia (NVDA) shares are in the spotlight Monday ahead of the artificial intelligence (AI) darling’s quarterly results later this week and following a report that said the company’s…
