Stifel hiked its price target on Nvidia (NVDA) to $250 from $212 ahead of the A.I. chipmaker's highly anticipated earnings event. Ben Watson drops by to examine the chart patterns forming for NVDA. On a shorter-term 5-day chart, he draws a downward triangle formation with a top at $192 and a low at $181. Zooming out to a 1-year chart, Ben adds the 50-day moving average hovering around $192 as a level to monitor after the earnings report.

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