Peter Smith
NVIDIA's earnings are just days away, and the stock is sitting at a crucial level. With NVDA trading at $177.99, investors are split on whether we'll see the usual pre-earnings pump or if this time will be different.
NVDA Price Setup Before Earnings
NVIDIA closed at $177.99 yesterday, down 1.76% (-$3.01) after trading between $171.20 and $178.59.
Here's what's got traders puzzled: the pre-earnings pattern isn't predictable. Trader @kpak82 showed on X that NVDA's behavior in the three days before earnings has been mixed—sometimes it rockets on anticipation, other times profit-taking hits before results.
This inconsistency makes the next few sessions particularly interesting for anyone watching NVDA.
Does NVDA Always Rally Into Earnings?
Short answer: nope.
Sure, NVIDIA has a reputation for strength heading into announcements, especially with AI buzz. But the charts show plenty of times when NVDA actually pulled back before earnings dropped.
Some traders will bet on another pre-earnings rally, while others prefer waiting for actual numbers to avoid the potential whiplash.
Technical Outlook for NVIDIA (NVDA) Price
NVIDIA's climbed from under $65 earlier this year to current levels—an impressive recovery fueled by AI optimism.
Right now, NVDA is testing the $180 resistance zone. If bulls push through, we might see a breakout. If momentum fades, expect consolidation or a test of support levels.
The key to watch: volume. Heavy buying could crack that resistance. Light volume means we're probably stuck until after earnings.
NVIDIA sits at $177.99, just below critical $180 resistance. History shows mixed pre-earnings signals—sometimes NVDA runs, sometimes it doesn't.
With earnings Wednesday, it's a guessing game. Will we get another classic pump, or is the market waiting for actual results? Either way, interesting week ahead for NVDA holders.
Peter Smith
