Will Nvidia Stock Retest The Highs, The Lows or Both?

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The Street

By Bret Kenwell Nvidia stock has been on a tear, but is that rally about to slow? Let’s look at the charts. Nvidia (NVDA) – Get NVIDIA Corporation Report stock has been on a tear lately. While it hasn’t put together a 10-day rally like Apple (AAPL) – Get Apple Inc. Report, Nvidia’s 40% rally off this month’s low is quite impressive. In a way though, it’s not surprising. We’re talking about a leading tech juggernaut with strong growth and impressive margins and cash flow. Furthermore, we’re talking about a company that is feeding into multiple secular growth themes within the tech sector. Nvidi…

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