NVidia Levels Ahead of Earnings

The #NVDA rally halted at the July highs yesterday with all eyes now on today's earnings release.

Initial Support 456 backed by the August 5th reversal close at 439- look for support there IF price is heading higher on this stretch. Broader bullish invalidation now raised to 406.

A breach / close above 480 exposes subsequent resistance objectives at the upper parallel (currently ~520s) and a the measured range breakout into 558.

- MBForex
NVDAnvda_analysisnvidiaTrend Analysis

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