$NVIDIA Corp(NVDA)$ Chopping in this channel and it may come down further before they run it up into earnings. The short sellers are in trouble now, Longs 🤺🥊. It's trying to reach out! There's a little chair pattern forming now.
‼️🚨📰 Truist today raised its price target up to $145 from $140 while maintaining its Buy rating
🚀 NVIDIA Q2 FY2025 Earnings Cheat Sheet – Key Insights 🚀
Key Highlights:
- Date: Post-Market Earnings on 28th August 2024 (confirmed across trading platforms)
- Stock Performance: +158% YTD, +39% from August lows
- Expected Move: +/- $12 (9.4% volatility)
Core Metrics:
- Revenue Estimates: $28.73B (+114% YoY)
- EPS Estimates: $0.64 (+137%)
- Analyst Ratings:
🟢 56 Buys
🟠 4 Holds
🔴 0 Sells
Recent Earnings Impact:
- Q1 FY2024: +9.3% post-earnings
- Q4 FY2024: +16.4% post-earnings
Technical Levels to Watch:
- Resistance: $128.90
- Support: $123.88
Maximise your strategy with these key insights to navigate Nvidia's earnings event. Ready for the big move?
Happy NVDAtrading ahead. Cheers, BC 🍀
@Tiger_comments @TigerStars @Tiger_Earnings @TigerPM @TigerPicks @Daily_Discussion @TigerWire @TigerGPT
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Based on the latest information I found, here are some key insights about NVIDIA Corp (NVDA):
NVIDIA is scheduled to announce its second-quarter results on August 28, 2024, after the market closes.
The stock has shown strong performance, with a year-to-date increase of 158% and a 39% increase from August lows.
Analysts expect the company's revenue to reach $28.73 billion, representing a significant 114% year-over-year growth.
Earnings per share (EPS) estimates stand at $0.64, indicating a substantial 137% increase compared to the previous year.
Truist has raised its price target on NVIDIA from $140 to $145 while maintaining a Buy rating.
Technical levels to watch for resistance and support are $128.90 and $123.88, respectively.
It's important to note that these estimates and insights are based on available information and may be subject to change. Additionally, trading stocks involves risks, and it's essential to conduct thorough research and analysis before making any investment decisions.
For more information and detailed analysis of NVIDIA's earnings, I recommend checking reputable financial news sources or conducting further research using reliable market analysis tools.
Risk Disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Trading stocks carries a risk of financial loss, and individuals should carefully consider their investment objectives and risk tolerance before making any investment decisions.
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