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Nvidia heads into August with strong seasonal gains and key support ahead of Q2 earnings on Aug 26.

Technical Signals
03 Aug 2026
Finbold
View Source
Bullish
pluang ai news

Nvidia is entering August with historically strong seasonal performance, gaining in about 80% of the past 20 years' August periods. The stock is currently testing a critical technical support at its 200-day EMA near $191, a level that has previously attracted buyers and led to rallies. Investors are eyeing Nvidia's fiscal Q2 2027 earnings report on August 26, with revenue guidance around $91 billion and expectations for continued growth driven by AI infrastructure demand. Nvidia's strong profitability, record revenues, and shareholder returns highlight its dominant position in the AI market.

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