Nvidia Shows Bullish Pressure at All-Time Highs Ahead of Earnings
Nvidia (NVDA.OQ) exhibits bullish technical pressure at all-time highs entering May 20 earnings, per Schwab charts. Early period fears of a $110 crash by September and struggles below $200 gave way to a bull-flag breakout above the 20-day EMA at $198.20, driving a 1.8% gain to $211.58 on May 7 and an intraday record $223 (close ~$220) on May 13. Analyst Ali Martinez targets $239/$271, fueled by broker hikes (BofA $320, Wells Fargo $315) and hyperscalers' $725B 2026 AI capex (+77% YoY), though 8.8% implied volatility signals event risk.