Nvidia Stock Price Levels to Watch After Earnings Top Expectations
NVDANvidia(NVDA) Investopedia·2024-11-21 23:05

Key TakeawaysNvidia shares moved higher in premarket trading Thursday after the AI investor favorite released quarterly results and an outlook that surpassed Wall Street expectations.Trading volumes have remained light following a breakout from an ascending triangle, suggesting that larger market players may have remained on the sidelines ahead of the chipmaker’s quarterly report.Investors should watch important support levels on Nvidia chart around $136, $115, and $97, while monitoring a measured move pric ...