NVIDIA stock rose 3.5% on Monday. Although there were some short-selling forces trying to push #NVDA stock down to lower levels, the bulls did not give it another chance. $104 is a key node. #NVDA stock generated a lot of volume below $104 in early August, so the stock price was supported by long capital when it fell to the $104 level. #NVDA stock opened higher on Monday and remained high at the end of the day, which means that most of the power of the bears has been released, and the bulls are trying to regain pricing power. A big counterattack is about to take place.
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