Watch These Nvidia Stock Price Levels Ahead of Earnings Report on Wednesday

Key Takeaways

  • Nvidia shares will be in focus ahead of the AI chipmaker’s highly anticipated earnings report, due after the market close on Wednesday.
  • The price has consolidated within a flag, a chart pattern that indicates a continuation of the stock’s uptrend. 
  • Investors should watch key overhead areas on Nvidia’s chart around $143 and $150, while also monitoring important support levels near $121 and $115.

Nvidia (NVDA) shares will be in focus ahead of the AI chipmaker’s highly anticipated earnings report, due after the market close on Wednesday.

Investors will be monitoring quarterly revenue growth for assurance that AI spending by big tech hyperscaler customers remains robust. Market watchers will also likely look for updates…

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