$NVDA After the violent surge! A fierce battle between bulls and bears—this key price level will directly determine the next direction!

NVIDIA’s big rally has now played out, and the market is experiencing intense back-and-forth between bulls and bears. Based on the earnings data and current chart position, here are my personal thoughts.

NVIDIA’s Q2 revenue was $96.2 billion, and FY28 revenue guidance was 70%, far above the market expectation of 45%. JPMorgan认为 the guidance is conservative; due to supply constraints, actual demand is higher, and it raised the target price to $320. Jefferies set a target of $550. After the earnings release, its market cap increased by $442 billion in a single day, bringing the total market cap to $5.5 trillion.

On the technical side, the broader trend remains bullish, but the short-term chart is already overbought, with a risk of a pullback and consolidation. The 1-hour candlestick price is closely hugging the 7-period moving average. Resistance is 230.34, while support is 225.3 and 222. The trading idea is: if it pulls back to 225.3 without breaking below, try a small long position; if it cannot hold above 228 for 2 consecutive hours and drops below 226 with volume, try a small short position.

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#英伟达开盘140分钟成交335亿美元