$NVDA

NVDA technicals show resilience (support at 21-day MA, favorable volume) despite post-earnings pullback; bullish conviction requires clearing MACD signal line.

“The Rally Is Still Working, But It’s Getting Selective”

StockCharts TVPublished Aug 28 · 2 passages

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the big news on Wednesday, Nvidia came out with their numbers and despite posting very strong results, the stock did pull back.

Now, when we talked about Nvidia and the fact that they did report Wednesday after the close, we did initially see a gap up in response. However, today's 4 and 1/2% pullback erased that and then some.

We are currently finding support at the 21-day simple moving average. We got more volume on Thursday's buying than today's pullback. So, two certainly bright spots there, but again that MACD black line up through the red will provide conviction in Nvidia here.

Yesterday, we did have a cup with handle base breakout, but we have pulled back from that.

Watchpoints

MACD black line crossing above red line

What this channel has said about $NVDA

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2026-09-28

Nvidia is the second to fall into this good basket , I would argue, based on an analysis of the technical aspects. And again , it meets all the requirements, doesn't it? Higher highs and higher lows, although it has tended to move sideways more than anything else recently. The moving average is definitely trending upwards as we can see, and the momentum is generally strong, although we haven't seen a great deal of extremely strong momentum.

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2026-08-28This one

the big news on Wednesday, Nvidia came out with their numbers and despite posting very strong results, the stock did pull back.

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