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Aug 25 at 03:23 PM
$NVIDIA(NVDA.US)
I voted for the -2% to +2% range for NVDA on August 27.
Expectations are already extremely high going into this earnings report, so even another strong beat may not automatically lead to a big move higher. At the same time, AI and data-center demand remain strong enough to provide support if the results are solid.
I think the initial reaction could be volatile, but buyers and profit-taking may eventually balance each other out. That’s why my base case is for NVDA to finish the day roughly flat, within -2% to +2%.
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