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NVDA Likely to Rebound Soon

NVDA has suffered four consecutive red days after beating very high earnings expectations. I have $95 as a key support level to monitor for NVDA, but I don’t think the price will drop that low. NVDA buyers are likely to step in and drive the price back up. For now all eyes will be on the labor market data over the next few days to see what the economic outlook will be for the next few months.

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