Nvidia (NVDA) stock is up at the start of trading on Tuesday once again.
Nvidia continues climbing following announcement of Dow Jones index inclusion. Nvidia will replace Intel on Friday, November 8. The stock market should besomewhat volatile this week as the US presidential election takes place on Tuesday. Sherwin-Williams is also replacing Dow, the chemical company, in the DJIA. Nvidia stock is up at the start of trading on Tuesday once again.
stock is nearing its June 20 high at $140.76. Above there is further resistance from late October near $144. Technically, the all-time high for Nvidia is $144.42 from October 22. Nvidia is clearly in an uptrend, and that uptrend won't end until shares dive below the 50-day and 100-day Simple Moving Averages that now sit in the mid-$120s. However, support can likely be found in that same region between $120 and $125.
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