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Technical and Nvidia Earnings: Key Levels and Strategic Insight

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Technical Analysis
The price has stabilized within the bullish zone, targeting 20,860 and 20,990, provided it remains above 20,655.

  • A retest is possible within the range of 20,655 to 20,550.
  • For a bearish trend to emerge, the price must break below 20,550.
    • Nvidia Earnings and Strategic Importance
      As NVIDIA (NVDA) gears up to release its third-quarter earnings, the company is projected to report $0.74 per share and generate $32.81 billion in revenue.

      Key Levels:
      Pivot Point: 20660
      Resistance Levels: 20860, 20990, 21080
      Support Levels: 20550, 20330, 20150

      Trend Outlook:
      Bearish below 20550
      Bullish while above 20660

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