NVIDIA just released its earnings report last night, and the results are stellar:
💰 Revenue: $35.08 billion 🔥 Exceeded Expectations: By 5.77%
This impressive beat highlights NVIDIA's dominance in the AI and semiconductor space, showcasing its ability to capitalize on booming demand for cutting-edge technology.
📊 Market Outlook The market is expected to react positively during the pre-market session. Based on Elliott Wave analysis on the 25-minute chart:
Current Position: Wave 2 Potential Move: A strong rally could lead to new all-time highs at $151 and $155. ⚠️ However, if we see a drop below $137.70, it could signal a liquidity grab before the anticipated move upward.
💡 Pro Tip: Monitor pre-market action and key levels closely to optimize your entry and risk management.