At 22:30, the U.S. market opened and Nvidia went straight to 149.27, then plunged to 148.80. The low for $NVDAB on Binance was 149.23. The 154.34 price it plunged to right after the announcement came out that evening had already been broken before the market opened.
But it barely paused at the low. Buyers quickly pulled the price back up,
$NVDA
and within minutes it was above 159.4—the level it was at before the announcement. It peaked at 167.21 and is now back around 165.4. Nvidia is currently at 165.29 in the U.S. market, still about 5% below yesterday’s close of 173.73. The gap hasn’t been filled, but it’s no longer in the hole it fell into at the open.
AMD and Broadcom have turned positive too. AMD is now around 588, up about 6.3% from yesterday’s close of 552.9. Broadcom is around 367.5, up about 6.5%. The Nasdaq 100 is also back above breakeven.
I wouldn’t chase it at 167. The nearly $20 rebound from 148.80 is a bounce after the opening sell-off. It hit 167.21 at 00:09 and has already started pulling back, so don’t add to your position here. If you still want to ride this move, keep an eye on 159.4—that was the pre-announcement level reclaimed after the open. If it breaks back below that, don’t try to ride it out.
#英伟达突发换帅，美国芯片股跌幅扩大
#黄仁勋辞任CEO，英伟达战略走向受关注
But it barely paused at the low. Buyers quickly pulled the price back up,
$NVDA
and within minutes it was above 159.4—the level it was at before the announcement. It peaked at 167.21 and is now back around 165.4. Nvidia is currently at 165.29 in the U.S. market, still about 5% below yesterday’s close of 173.73. The gap hasn’t been filled, but it’s no longer in the hole it fell into at the open.
AMD and Broadcom have turned positive too. AMD is now around 588, up about 6.3% from yesterday’s close of 552.9. Broadcom is around 367.5, up about 6.5%. The Nasdaq 100 is also back above breakeven.
I wouldn’t chase it at 167. The nearly $20 rebound from 148.80 is a bounce after the opening sell-off. It hit 167.21 at 00:09 and has already started pulling back, so don’t add to your position here. If you still want to ride this move, keep an eye on 159.4—that was the pre-announcement level reclaimed after the open. If it breaks back below that, don’t try to ride it out.
#英伟达突发换帅，美国芯片股跌幅扩大
#黄仁勋辞任CEO，英伟达战略走向受关注