Nvidia stock hits resistance. Here’s how to trade right now.

Nvidia (NVDA) – Get a free report The stock tumbled earlier this year, but it has found its footing and enjoyed a spectacular rally.

Shares of the graphics chip specialist bottomed out on October 13. Since then, the stock has rallied in seven of the past eight weeks and is up more than 57% in that time period.

That move goes beyond Advanced Micro Devices (AMD) – Get a free report when it was trading at a high from a few weeks ago.

While AMD stock has since fallen 14% adjust In addition to the highs from earlier this month, Nvidia stock hit a new high on Friday.


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