NVDA pre earnings analysis 16/8

Eh, how’s it going, folks? Time to kaypoh a bit with another pre-earnings stock analysis. So, will $NVIDIA Corp(NVDA)$ jia lat and drop back to 110, or will it chope the 130 mark? Let’s dig into the charts and options market to find some hints, okay?

First up, take a look at the charts—steady lah! We just crossed above the 50-day moving average yesterday, and we’re happily sitting above both the 150 and 50-day moving averages. Translation: shiok ah, we’re in the sunshine zone. Below that, though… aiya, better stock up on kopi and tissue paper, because it’s all doom and gloom.

Now, for those who like to play the options market—got good news! The put:call ratio is sitting pretty at 0.57, which means the mood is bullish. Got strong support at $100 and $110; lots of people kiasu and put options there. On the flip side, there’s a bunch of calls at $125, $130, and even some kiasu ones at $140. But ah, these levels might become a ceiling to our party—because when people start taking profits, it’s like trying to chope seats with tissue packets during lunchtime at the hawker center.

Also, don’t forget—everyone’s kiasi about the CAPEX risks with AI stocks. So, NVDA needs to give us a solid reason to cheer and push the market up. Can Jensen Huang pull a rabbit out of his hat? Or maybe something even more impressive?

So, what’s your take? Don’t shy—like, comment, and share your thoughts!