NVDA, the market’s darling, has actually stalled recently. Since mid-July, the stock has been moving sideways, trading within a range between 170 and 183. The repeated rejections at the 183 level suggest some bearish pressure.
The recent earnings were expected to provide the catalyst needed to break through this resistance and push the stock higher. However, the results fell short of lofty market expectations. Given that NVDA is already priced at a premium, the bar is high — it needs to deliver even more to justify its valuation.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 0.00 1Lot(s) | +100.00% Closed |
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- Norton Rebecca·2025-09-01Ugh, NVDA’s earnings let me down! Still hope it bounces back.LikeReport
- Maurice Bertie·2025-09-01Told ya! 183 resistance holds. Overvalued indeed.LikeReport
- DeltaDrift·2025-09-01Well said. Need more vision for future datacenter1Report