NVIDIA Earnings Preview: Four Price Levels to Watch as Stock Rises
NVIDIA (NVDA.US) closed at $223.96 last week after rising 11.6%, just 5.3% below its all-time high of $236.54.
The stock has quickly recovered from its late-July pullback and is now trading above its major moving averages, with a relatively clean technical map.
Four price levels are key to watch before earnings on August 26: $225, the previous record weekly closing level; $236.54, the all-time high; $213-216, last week's major gap-up zone; and $205-210, the deeper trend test.