Nvidia's Epic Stock Run Hits A Wall—And $150 Is Suddenly In Focus

Core Viewpoint - NVIDIA's stock has experienced a significant 90% increase since April, but this momentum is cooling as the company prepares to report Q2 earnings, making it a critical time for investors to monitor the stock's performance closely [1]. Group 1: Stock Performance and Trends - NVIDIA shares have broken the uptrend channel that supported the stock throughout much of 2025, indicating a struggle to gain traction recently [2]. - In August, sellers gained control, disrupting a period of steady higher highs and higher lows, which raises concerns about potential short-term weakness, especially if earnings do not meet high expectations [3]. - The stock was trading flat ahead of the earnings report, suggesting a lack of investor confidence or anticipation [1]. Group 2: Earnings Expectations - Analysts expect NVIDIA to report earnings per share (EPS) of $1.00 and quarterly revenue of $45.86 billion, with the company having beaten expectations for the last 10 consecutive quarters [4]. Group 3: Technical Analysis and Support Levels - The $150 price level is identified as a critical support zone, representing NVIDIA's late-2024 highs, with shares trading only about $30 above this level, indicating a thin cushion against potential selling pressure [5]. - A decisive break below $150 could erase a year's worth of gains and signal a deeper technical correction for NVIDIA stock [5]. Group 4: Market Conditions and Seasonality - September is historically the weakest month for equities, with increased volatility as investors prepare for year-end positioning, adding to concerns for NVIDIA's stock performance [6]. - The current chart setup for NVIDIA appears more precarious than bullish, with a broken uptrend and upcoming Q2 earnings creating a turbulent outlook [6].