Extra marital affairs got too heavy for NVDA stock investors
Even CEO resigned now and stock is down record 10% in Single day
Price flushed down to $149.22, then bounced back to ~$162 in one move, on a huge volume spike. That's either panic selling getting absorbed, or a dead-cat bounce. I honestly can't tell yet.
For context, NVDA's record close was $239.24 on October 6, so this is roughly 32% below the top. And earnings are due on November 17
I'm not calling a bottom. I'm just watching whether $149 holds into earnings.
Dip buy or falling knife? 👇
#HuangExitNvidiaStrategyInFocus
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$NVDA