bStocks breakdown at $NVDAB on September 29
Today, NVIDIA is trading at around $230 (+1.68%). The main news: the company added another $150 billion to its share buyback program (this is when a company buys its own shares on the exchange to support the stock price and show confidence in the business). Now, the total buyback limit is $235 billion.
Levels to watch: resistance at $236-237 (recent high), support at $228-230 (current zone). If the price holds above $236, the stock could move into a zone of new historical highs without a clear resistance overhead. If it falls below $228, attention will shift to lower support levels.
#bStocks #Nvidia
Today, NVIDIA is trading at around $230 (+1.68%). The main news: the company added another $150 billion to its share buyback program (this is when a company buys its own shares on the exchange to support the stock price and show confidence in the business). Now, the total buyback limit is $235 billion.
Levels to watch: resistance at $236-237 (recent high), support at $228-230 (current zone). If the price holds above $236, the stock could move into a zone of new historical highs without a clear resistance overhead. If it falls below $228, attention will shift to lower support levels.
#bStocks #Nvidia