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Nvidia nears a buy point ahead of its upcoming fiscal Q2
The stock was around $225.13, with IBD citing a 236.53 buy point, 224.76 early entry and a near-term focus on fiscal Q2 results.
IBD highlighted Nvidia as a near-term trading candidate ahead of the company's upcoming fiscal Q2 earnings report, noting the stock is recovering and approaching levels it previously flagged as a buy zone.
The outlet pointed to an IBD chart setup around a $236.53 buy point, while also referencing an early entry level near $224.76.
Nvidia shares were shown at $225.13, up $1.04, or 0.46% at the time of the update, as IBD tied investor attention to the fiscal Q2 timing.
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