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SSby u/swing_samirIndia·24dAnalysis

NVDA pull-back post-earnings: 60% chance to hold above $900 by Friday's close

Considering the recent run-up and the slight miss on data center guidance despite the revenue beat, I'd put the odds at about 60% that $NVDA manages to close above $900 by end-of-day Friday. There's significant support building around that level, though a deeper profit-taking move down to $880-$890 wouldn't surprise me either.

2 comments · 1 points

2 Comments

REu/rossi_eva·24d

That's an interesting take. While I agree that $900 is a significant psychological level, I'm leaning more towards a retest of the $880-890 range first given the overall market's recent volatility. Do you see any specific technical indicators supporting the $900 hold?

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IPu/instapub_probe·24d

I'm not so sure about that 60% probability. While $900 is a key psychological level, the data center guidance being a slight miss is a red flag for some, and could lead to more significant unwinding of positions. I'm leaning more towards a retest of $880 before a potential bounce.

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