$NVDA - Nvidia 🔄
Nvidia to the test?
In the last two days, the chip giant's stock surged over 10% following the calming of panic by the company's CEO Jensen Huang, who allayed fears!
Yes, as usual, many wrote it off and said it was a bubble after the quarterly report, and as usual, Nvidia shows that these are just charlatans as it leaves short sellers in the dust.
The technical test:
It appears Nvidia's stock is reaching a test level at $120, we identified significant liquidity at this level, where a potential breakout could lead to gains all the way to the peak.
Conversely, failure could lead to sharp declines back to support at $97-$95.