Investordude1301
05-18 22:21

I think $NVIDIA(NVDA)$ has a clean setup to push into the 240–250 range after earnings because the AI data‑center business is still on fire and they keep beating already high expectations. As long as hyperscalers keep spending aggressively on AI infrastructure, the market will happily pay up for that growth and analysts will keep raising their targets. Technically the stock’s been coiling in a bullish range, so a strong beat‑and‑raise could be the trigger for a sharp breakout right into that 240–250 zone.

NVIDIA Pulls Back Ahead of Earnings: Can It Break “Earnings Curse”?
Market attention is fully focused on the AI giant this week, as the company is set to report FY2027 Q1 earnings after the U.S. market closes on Wednesday, May 20. As a core bellwether influencing not only the tech sector but also broader market direction, NVIDIA’s earnings have long gone beyond the scope of a single stock, shaping overall investor sentiment across the market. Yet just before earnings are released, NVIDIA shares have pulled back sharply, leaving bulls stuck in a difficult battle against the trend.
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