Positive.

From Barchart: 2024-12-05 07:00:02

Nvidia (NVDA) stock has rebounded off the 50-day moving average and is now trading above the 21-day moving average. This signals a positive trend for the company’s stock.

Investors are optimistic about Nvidia’s performance, with the stock showing strong support at key moving averages. This could indicate a potential uptrend in the near future.

Nvidia’s stock bounce off the 50-day moving average is a positive sign for investors, suggesting that the stock may continue to rise in the coming days.



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