Stocks
Nvidia Stock Pauses Ahead of Q2 Earnings Amid Bullish Momentum
Nvidia's stock price has paused its upward momentum ahead of the company's Q2 earnings report.
The daily chart shows a bullish structure, with the price above all three key EMAs, the EMA20 (204.85), EMA50 (204.49), and EMA200 (192.98), with a stacked alignment.
However, short-term signals across lower timeframes point to cooling momentum, with the hourly RSI14 at 68.76 edging toward overbought levels and the 15-minute MACD having turned negative.
The bullish scenario for Nvidia's stock requires holding above the daily pivot cluster near $216.34 to $219.28 and reclaiming the H1 pivot at 219.97.