
WALL STREET COMES TO NVIDIA’S DEFENSE AFTER BIGGEST LOSS EVER, MANY MOMOS WIPED OUT
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Largest Market Cap Loss Ever Please click here for a chart of Nvidia stock (NVDA). Note the following: The chart shows the drop in NVDA stock stopped before it reached the mini support zone. Volume shown on the chart is very heavy, indicating conviction in the pullback. RSI on the chart shows that NVDA is not oversold, indicating there is more room to the downside. Yesterday, NVDA lost $589B in market cap. This is the largest one day loss ever for any company.