NVDA, PLTR and SMCI Forecast – Tech Stocks a Bit Choppy in Premarket on Monday

NVDA Technical Analysis

The Nvidia market looks like it’s going to open on Monday a little bit higher than we closed as it looks like we are ready to continue to grind to the upside. Nvidia, of course, is a stock market favorite, and now we have filled the gap from everything that happened with the DeepSeek drama.

So, with that being said, it is likely that the market is at least in a position where it can start to imagine the idea of rising from here. The $150 level, of course, will be an area where a lot of people pay close attention as it is a large round psychologically significant figure and an area where we had seen previous resistance.

PLTR Technical Analysis

Palantir looks like it’s going to open on Monday lower than it closed on Friday, and perhaps even drop into the gap from the earnings announcement. That would actually be a technically strong signal if we can hold the $85 level. We are a long way from there, about $13 from there. So, I’m not necessarily looking to test it, but it wouldn’t surprise me. So, at this point in time, I’m in a more or less wait and see mode here.

SMCI Technical Analysis

Super Micro Computer opens up on Monday, roughly where it closed on Friday. I think this is a market that’s probably ripe for a little bit of a pullback. We did get a little bit of an earnings miss about a week ago, but the forward guidance was good. The 200-day EMA comes into the picture at $46 or so, and I think that probably limits most of the downside in this market. At this point in time, I’m looking at this as a buy-on-the-dip type of scenario as well.