Databased

Huge Volume. Breakout?

Long
NASDAQ:NVDA   NVIDIA Corporation
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NVDA has been on my watch list for quite some time, and frankly it has been quite boring. However, with the announcement of their stock byback program volume has exploded and as of friday NVDA finally managed to close above its 200 period moving average. If NVDA manages to close about 13.16 tomorrow and break ROC resistance we should be in for an exciting week.

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