NVIDIA’s stock price recovered on Tuesday after a sudden sluggish session caused by China’s concerns about DeepSeek. NVIDIA shares rose 8.82 % by NASDAQ by $ 128.86.
NVIDIA’s stock price rally led a 2 % rally in NASDAQ. The recovery of AI Darling Nvidia’s stock came the day after seeing a sudden decline in stock prices to 17 %. Every company in Wall Street has erased $ 593 billion from market value due to the largest single session loss. This has reached the cheapest for the NVIDIA’s Forward-to-Artings since December 2023.
The sale of NVIDIA shares on Monday was concerned about the launch of the AI model in China.
As the NVIDIA shares recovered on Tuesday, the optional trader quickly returned to a bullish NVIDIA contract. Reuters reported that investors had been used to increase inventory climbing for a long time, but the optional trader had already grasped the opportunity to start rebounding. I did.
On Tuesday, the NVIDIA call options are almost 1.36 -1 on Monday for more than two months, and are almost the same as the average of the year, exceeding the number of put options that are almost the same as 1.6 -1. Was stated.
NVIDIA stock technology
According to AVP’s Mahesh M Ojha, NVIDIA’s stock price seems to be weak on a technical chart in a study at Hensex Securities.
“Therefore, it is necessary to avoid the bottom fishing in NVIDIA’s stock, and it is recommended that existing shareholders to hold the scripes with a strict suspension loss of $ 105, respectively. NVIDIA shares are 105-135. It is not expected that the stock will be lower than the $ 135. We recommend the “Rise on Rise” strategy for NVIDIA shares, “says Ojha.
Wall Street rebound
The benefits of NVIDIA’s stock prices matched the wider rebound in the US stock market led by artificial intelligence -related technical shares.
Dow Jones’s industrial average rose to 136.77 points (0.31 %) 44,850.35, S & P 500 earned 55.42 points (0.92 %) to 6,067.70, and NASDAQ composite materials earned 391.75 points (2.03 %).
The S & P 500 Technology Sector has earned 3.6 % of the percentage of percentage since July 31, but the index of semiconductor stocks increased 1.1 %.
(Including input from Reuters)
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