This week, Wall Street will focus on Nvidia’s quarterly report as investors search for potential catalysts to rekindle the U.S. stock market recovery.

In addition to a 6% gain last week, the chipmaker’s shares are up 6.66% so far on Monday ahead of Nvidia’s quarterly report on Wednesday.

Nvidia price action - bullish flag

NVDA stock just broke out of a local bullish flag. Traders expect it reaches $500 in the short term.
The technical target of the pattern is just below $600!

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