Stock Of The Day: NVIDIA Tests New Resistance — Could Another Breakout Be Brewing?

NVIDIA Corporation NVDA is trading higher on Monday after consolidating last week, but the shares may be about to break out.Breakouts can have bullish implications. This is why our trading team has made NVIDIA our Stock of the Day.Stock prices are determined by supply and demand. If there is more supply or shares for sale than demand or shares to buy, the price will trend lower. This happens because sellers are forced to undercut each other to attract buyers.If there are more shares to be bought than there ...