$NVDAB
đš #NvidiaHitsRecordHighUp2 â BUT LETâS NOT START THE CHAMPAGNE YET. đđ
NVDA just printed another record:
đ $237.88 â intraday high
đ $236.54 â previous record
đ $233.95 â close
đ° ~$5.7T â market cap
Sounds like a breakout, right? đ
Well⊠the new high was only about 0.6% above the old one. đ
And while the headline screamed +2.4%, NVDA actually closed around +1.34%.
So whatâs fueling the move?
đ€ AI demand remains massive
đ° Nvidia announced another $150B buyback
đŠ Morgan Stanley restored NVDA as a top pick
đ Weaker jobs data lowered Fed-hike expectations, helping the Nasdaq
But hereâs the plot twist⊠đ
Touching a record â confirming a breakout.
The real question is whether NVDA can hold above ~$234 instead of tapping a new high and quietly giving it back.
đ§ New high = momentum.
đ„ Strong close = demand.
So⊠is Nvidia actually breaking the ceiling?
Or did it just knock on the door and run away? đđ#NVIDIAGTC24 $SAND
$ONE
đš #NvidiaHitsRecordHighUp2 â BUT LETâS NOT START THE CHAMPAGNE YET. đđ
NVDA just printed another record:
đ $237.88 â intraday high
đ $236.54 â previous record
đ $233.95 â close
đ° ~$5.7T â market cap
Sounds like a breakout, right? đ
Well⊠the new high was only about 0.6% above the old one. đ
And while the headline screamed +2.4%, NVDA actually closed around +1.34%.
So whatâs fueling the move?
đ€ AI demand remains massive
đ° Nvidia announced another $150B buyback
đŠ Morgan Stanley restored NVDA as a top pick
đ Weaker jobs data lowered Fed-hike expectations, helping the Nasdaq
But hereâs the plot twist⊠đ
Touching a record â confirming a breakout.
The real question is whether NVDA can hold above ~$234 instead of tapping a new high and quietly giving it back.
đ§ New high = momentum.
đ„ Strong close = demand.
So⊠is Nvidia actually breaking the ceiling?
Or did it just knock on the door and run away? đđ#NVIDIAGTC24 $SAND
$ONE
