NVIDIA Corporation NVDA shares are trading higher by $1.23 at $104.00 in Tuesday's session.
After Tuesday's close, the company will reveal Q1 results. Street estimates for EPS stand at $0.67 on revenues of $1.91 billion.
See Also: Sentiment Remains Soft On Nvidia
After a lower open, it had a brief retreat but found support just ahead of Monday's close ($102.77) at $102.66 and began to move higher. The ensuing rally has found resistance just before its May 4 high ($104.95), only reaching $104.80.
Since making that high, it has retreated to the $104.00 area.
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