Hello Everyone , Followers,
NVDIA will release its financial reports on Wednesday after market closed. I would like to share my view and follow up level depends on good and bad reports
Bullish Scenario
If earnings beat + guidance strong → next target: 221 - 222
Bearish Scenario
Weak numbers → potential drop to between 173.00 - 176.00
🔹 Key Support Zones
First support: 184.00
Deeper support: 173.00
🔹 Resistance Levels
Main resistance: 199.00 - 200.00
Breakout target: 221 - 222
🔹 Outlook
As long as It stays above 190.00 , momentum remains bullish.
A breakdown below that level could open the door for a deeper pullback. This is depends on Results of financial reports.
🔹 My Plan
I will wait for the financial report before i buy it . With a bearish scenario my buy level is between 176-173 then probably i will hold it for next 5 years.
If it can achive to stay above 190 and if you like to take a risk then you can buy it above this level .
If you enjoy and like clean, simple analysis — follow me for more.
Have a lovelly and Sunny Weekend to all.
NVDIA will release its financial reports on Wednesday after market closed. I would like to share my view and follow up level depends on good and bad reports
Bullish Scenario
If earnings beat + guidance strong → next target: 221 - 222
Bearish Scenario
Weak numbers → potential drop to between 173.00 - 176.00
🔹 Key Support Zones
First support: 184.00
Deeper support: 173.00
🔹 Resistance Levels
Main resistance: 199.00 - 200.00
Breakout target: 221 - 222
🔹 Outlook
As long as It stays above 190.00 , momentum remains bullish.
A breakdown below that level could open the door for a deeper pullback. This is depends on Results of financial reports.
🔹 My Plan
I will wait for the financial report before i buy it . With a bearish scenario my buy level is between 176-173 then probably i will hold it for next 5 years.
If it can achive to stay above 190 and if you like to take a risk then you can buy it above this level .
If you enjoy and like clean, simple analysis — follow me for more.
Have a lovelly and Sunny Weekend to all.
Trade active
First support worked (184) but could not achive to stay above 190. Key is Financial Release. I am watching closely.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.