Today’s instrument is Nvidia Corp.’s stock traded on the Nasdaq exchange under the ticker NVDA. 

Looking at the NVDA ‘s chart, we can see that it was lastly traded down at around $156.60, due to the mixed results of the announced quarterly earnings.

Today, if it holds above its support level which is located at around $156.50, we could expect an upward reaction towards its resistance level at around $165 otherwise it should further drop towards its support level at around $140.

(Click on image to enlarge)

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