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NVDA closing above the bearish channel
NVDA
, 1DLong
NVDA: NVDA closing above the bearish channel
Updated 

Why the stock gained today? • NVDA is a good defensive stock to protect against high interest rates. • Competitor intel losing part of the market and disappointed Q2 forecast • AI demand from MSFT, GOOG, META, TSLA that just revealed an increase in capex this week. NVDA is backed up after last week sell-off, could it last ? • NVDA broke the bearish channel...

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