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Nvidia stock price (NASDAQ: NVDA) recovered approximately 9% from the recent swing low.
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NVDA stock price is trying to climb above the 50-day EMA.
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Nvidia Corporation stock price defends $400 and reverses upward.
Nvidia stock price (NASDAQ: NVDA) defended $400 and showed a surprising bounce. It recovered approximately 9% from the recent swing low and formed a bullish pattern. NVDA stock price regained the 50-day EMA indicating that the bulls are active at lower levels and are returning back on track.
In September, Nvidia Corporation stock price faced rejection from $500 and entered a correction phase. It corrected approximately 20% after hitting the 52-week high and lost the bullish momentum.
The downfall in the NVDA shares halted near $400 and since then, buyers have been trying to rebound. However, the reliability of the recent upmove will remain doubtful until buyers are able to break the $460.00 hurdle.
NVDA stock price r
We współpracy z: https://www.thecoinrepublic.com/2023/10/03/nvidia-stock-defends-400-will-nvda-stock-regain-450-level/
