skyline-trader

NVDA Price Surge: Is the Trend Your Friend?

BATS:NVDA   NVIDIA
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:

  • 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.

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