NVIDIA Seeking For A New Support After Revenue Misses

Nvidia drops after 2Q prelim revenue misses estimate. The company released preliminary earnings that show second-quarter revenue of $6.70 billion, below its initial outlook of $8.10 billion.

But looking at the price chart it clearly unfolded five waves up from the lows, so it appears that stock it's making just an a-b-c pullback within uptrend. Ideal support is around 165 area.