Verified Investing on $NVDA (Nov 6, 2026)
NVDA sits at epic technical support—a gap-fill zone from yesterday’s close at 181 and change down to about 178, a $3 range—though it could come a little lower first. Its forward PE was about 17 before the drop, one of the best among trillion-dollar companies, and is now about 13 or 14, called incredible.
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Why? Because basically you're getting names like SanDisk to gap higher, Nvidia gapping higher, Marll gapping higher.
in fact Nvidia for the year now is negative per yesterday's close now it's getting back into the green today
So again, big drop there. Nvidia. I mean, look at Nvidia here. Filled right into this zone here. And again, maybe it comes a little bit lower, but we are right into major major technical levels here.
And by the way, look at this trend line, too. How cool is this trend line right through here. Look at that. So you have on Nvidia high pivot, then we broke, and then look at how that same trend line now becomes support one. support two, support three.
Well, guess what? What does this mean to me? This means huge technical support in this range. So, anywhere between yesterday's close at 181 and change down to about 178, that's a $3 range with a gap fill right there, that is an epic level of technical support.
And also keep in mind, I mean, this is Nvidia. Even before this drop, it was trading at like a 17 forward PE, which is the one of the best PE ratios amongst the trillion dollar companies.
After this sell-off, it's down to like a 13 or a 14. Incredible. Absolutely incredible.
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