For what it is worth, Nvidia’s CEO Jensen Huang has been seen entering Speaker the house Johnson’s office. Look for those buy orders from Capitol Hill (/S).
Shares of Nvidia are down $0.23 or -0.13% at $181.24. The high price today reached $182.45. The low was at $179.11. Nvidia’s 100 hour moving averages at $183.60 and moving lower.
Yesterday the price extended above that moving average level briefly, but then backed off and closed below the moving average on the day. If the technical bias is to turn more to the upside, the price needs to get and stay above that level. Absent that, and the sellers are more in control.
