#NVIDIAEarnings

Nvidia’s 96.2 billion dollar revenue print, up 106 percent year-on-year, delivered the headline the market had been waiting for. The initial reaction pushed price higher, yet the daily chart is now showing the first real digestion of that move. Understanding the next phase requires looking at the levels, the momentum indicators, and the broader context step by step.
Price closed at 217.48 after a 4.58 percent pullback from a high of 229.26. The 50-period EMA sits at 211.46 and the 200-period EMA is lower at 195.35. Bollinger Bands run from 206.31 on the downside to 229.81 on the upside, with the middle band near 218.06. Price has slipped back under the middle band and is testing the zone just above the 50-period EMA. The recent high tagged the upper band and the SRL resistance at 229.81. That level remains the clear ceiling. Support now starts at 211.46, followed by 206.31 and the deeper 195.35 area.
RSI has cooled to 52.26, returning to neutral territory after the earlier spike. MACD remains slightly positive on the signal lines but the histogram has flattened, consistent with a pause after the earnings impulse.
Step one is the immediate pivot. A reclaim of the middle Bollinger Band at 218.06 on rising volume would be the first sign that buyers are defending the post-earnings range. Acceptance back above 218 opens the door to a retest of 229.81. A clean break and hold of 229.81 would target the prior swing high near 236.26 and keep the broader uptrend intact.
Step two is the downside filter. Failure to hold the 50-period EMA at 211.46 on a daily closing basis would likely send price toward 206.31. A break of that level would open the door toward the 200-period EMA at 195.35. After an 8 percent surge and a subsequent 4.5 percent rejection, some multi-day consolidation is normal rather than surprising.
Step three is the fundamental context. The 96.2 billion revenue number removes a major overhang and confirms that data-center demand remains robust. Guidance and margin commentary will matter more than the headline in the sessions ahead. If the broader market stabilizes and related semiconductor names hold their ground, the path of least resistance still favors a retest of the recent highs.
I am treating 218.06 as the near-term pivot and 211.46 as the short-term trend filter. Until price either accepts back above the middle band or loses the 50-period EMA with conviction, size stays measured. The revenue number was strong, but the chart still has to confirm whether buyers are willing to defend the post-earnings range.
Are you buying this pullback toward 211, waiting for a clean reclaim of 229, or already reducing exposure after the rejection? Share your levels and the reasoning behind them.
‍#NVDA #AIEarnings $NVDA
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