NVIDIA Corporation
Long

NVDA – New All-Time High?

307
istantanea

NVDA – New All-Time High?

Since November 2025, the stock has been trading mostly sideways within a relatively wide range, with no significant momentum rally during this period.

Since early October, however, the stock has declined 39%, eventually reaching the $160 support area.

Once the price reached this level, buyers stepped in, and yesterday the stock delivered an impressive 12% rally.

Despite negative news emerging in recent days regarding both the company and its CEO, buyers still stepped in during the sell-off. This suggests that the support area could hold, potentially allowing the stock to move higher and retest its all-time high in the near future.

Another bullish factor is that yesterday's strong move appears to resemble a Shakeout Bar: the price potentially triggered stop-loss orders below the range before reversing sharply and moving back into the range.

Earnings are scheduled for the 17th.

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