$NVDA The battle between bulls and bears after the surge—key levels will determine the direction!
NVIDIA’s Q2 revenue was $96.2 billion, while its FY28 revenue guidance of +70% far exceeded the market expectation of 45%. JPMorgan said the guidance was “conservative,” as actual demand is higher due to supply constraints. JPMorgan raised its price target to $320, while Raymond James raised its target to $550. Market capitalization increased by $442 billion in a single day, bringing total market cap to $5.5 trillion. Moving averages are bullishly aligned, but caution is warranted over short-term overbought conditions.
On the 1-hour chart, MA7, MA25, and MA99 are bullishly aligned, indicating an upward trend. However, the stock price at 226.63 is clinging closely to MA(7), and a pullback may be needed after the surge. Resistance is at 230.34, with support at 225.3 and 222. If bulls retest 225.3 and hold, a small long position can be considered. If bears fail to hold above 228 for two consecutive hours and break below 226 on increased volume, a small short position can be considered. Pay attention to position management when entering, and set take-profit and stop-loss levels.
#Gate7天净流入全球Top3
NVIDIA’s Q2 revenue was $96.2 billion, while its FY28 revenue guidance of +70% far exceeded the market expectation of 45%. JPMorgan said the guidance was “conservative,” as actual demand is higher due to supply constraints. JPMorgan raised its price target to $320, while Raymond James raised its target to $550. Market capitalization increased by $442 billion in a single day, bringing total market cap to $5.5 trillion. Moving averages are bullishly aligned, but caution is warranted over short-term overbought conditions.
On the 1-hour chart, MA7, MA25, and MA99 are bullishly aligned, indicating an upward trend. However, the stock price at 226.63 is clinging closely to MA(7), and a pullback may be needed after the surge. Resistance is at 230.34, with support at 225.3 and 222. If bulls retest 225.3 and hold, a small long position can be considered. If bears fail to hold above 228 for two consecutive hours and break below 226 on increased volume, a small short position can be considered. Pay attention to position management when entering, and set take-profit and stop-loss levels.
#Gate7天净流入全球Top3
