MPWRTRADES

$NVDA AUG 15 Game Plan!

NASDAQ:NVDA   NVIDIA
NVDA - Support, Risk & Stop-loss for NVIDIA stock
On the downside, the stock finds support just below today's level from accumulated volume at $401.11 and $379.80. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, NVIDIA finds support just below today's level at $401.11. If this is broken, then the next support from accumulated volume will be at $379.80 and $378.34.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $34.88 between high and low, or 8.65%. For the last week, the stock has had daily average volatility of 4.81%.


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