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NVDA Rallies Back Above $900

NVDA has rallied ahead of its upcoming May 22 earnings announcement. I think NVDA will retest the red resistance line a few more times over the next few months. This could look similar to the previous touches marked by the white arrow. This rally could take NVDA above $1,000 per share, which would be a historic moment for the U.S. stock market. All eyes will be on NVDA on May 22. Judging based on past earnings announcements we are likely to see a lot of volatility around the earnings date.

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