This huge semiconductor has plenty of clout in terms of popularity with retail investors. HFTs are likely to gap on its earnings news which arrives on 11/21, next week.
Clearly there are many who are confident NVDA will meet or beat analyst estimates despite setbacks and restrictions.
The run hit resistance and became overextended, so some profit taking is occurring for now. The stock is likely to shift to a tighter consolidation near the high of this platforming range.
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.