NVDA Price Surge: Is the Trend Your Friend?
Market whispers hint at continued growth for NVDA stock. Options and dark pool activity suggest limited supply with increasing buyer interest. This bullish sentiment is fueling a volume surge.
While no one can predict the future, here's what the data tells us:
While no one can predict the future, here's what the data tells us:
- Tight supply: A lack of sellers can create upward price pressure. Scanner is not showing supply
- Buyer momentum: Rising volume indicates strong demand, potentially pushing prices higher. This is visible on today's session, where we have extremely high volume of buying
- Trend Play: Historical high doesn't mean reversal is coming.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.