NVIDIA Corp

NVDA remains in a Stage 2 advancing regime with a clear higher high/higher low sequence and an intact medium-term uptrend. Price has corrected into the 9 and 20 EMAs but short-term EMAs are flattening and the timing edge is inconclusive. Under a Momentum + EPS strategy, patience is warranted with deferred participation on deeper pullbacks into the rising 50 DMA. A decisive break below the 50 DMA would invalidate the medium-term bullish bias.

• ↑Q1 revenue $82B (+85% YoY) and record free cash flow $49B, boosting profitability.
• ↑Data center segment revenue $75B (+92% YoY), driven by surging AI infrastructure demand.
• ↓Negative earnings yield and weak book-to-price indicate potential overvaluation.