Traders on $NVDA should pay close attention to the support at 161.40.

According to Yahoo Finance, Jim Simons’ firm has exited its position in the chipmaker. Reports from the same outlet indicate the firm disclosed multi-billion dollar stakes in other technology equities.

The $NVDA perpetual contract is currently trading at 162.16 with a 24h change of -1.07%.

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What specific market signal or fundamental shift would change your current outlook on this asset?

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⚠️ Perpetual contracts are leveraged derivatives, not the stock or commodity itself.
Not financial advice. Markets are volatile, so use stop-losses and only risk what you can afford to lose.