Last week I said that NVDA needed some traction after pulling back hard post earnings. Well today, after pulling back shortly after the open, NVDA got a lot of traction. Here is the same 60 miinute chart as last week with new comments in green. I see some consolidation from this move and a little bit of resistance in the $48-49.00 area, but after that we should be able to retest the highs at $52-53.00.
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