Could NVIDIA (NVDA Stock) rise towards the 230 level?

AAATrade Team AAATrade

Today’s instrument is the NVIDIA Corp.’s stock traded in NASDAQ exchange under the ticker NVDA.

Looking at the NVDA‘s chart, we can see that it was lastly traded at around $207.

Last night it announced better-than-expected quarterly results, therefore today we should expect a boost of the price towards the strong resistance level at around $230 where a technical reaction is possible.

Author

AAATrade Team

AAATrade

The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.

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