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Why ‘nothing is stopping' Nvidia stock to a new high after clearing this level
NvidiaNvidia(US:NVDA) Finbold·2024-10-08 12:12

Nvidia’s (NASDAQ: NVDA) share price continues to show strength, with a stock market analyst noting that the equity might be primed for new highs after clearing a few barriers.The outlook comes after NVDA ended the October 7 trading session up 2.2%, valued at $127. The equity has overcome recent volatility that saw NVDA struggle to break past the $120 resistance. To this end, over the past month, the Nvidia stock has rallied almost 20%, with shareholders being rewarded from the equity’s year-to-date rally of ...