NVDA opened at $124.76, -12.5% from the prior session. The high of the day came on the 9:30 AM bar at $128.39, and the low on the 2:45 PM bar at $116.70. The last 5-minute bar closed at $118.51, -16.9% from the prior close, with a range of 8.2% in one session.
Over the weekend, the Chinese startup DeepSeek showed an AI model it said matched U.S. models at a fraction of the training cost, and traders started asking how many expensive chips AI really needs (Axios).
Could you have traded it?
Play the day from the open in Market Replay with the rest of the chart hidden, and trade it the way you normally would. These are the questions I'd want an answer to by the close:
- With a gap that large, did you try to catch a bounce at the open?
- Where would you have put a stop on a stock moving this fast?
- Did the afternoon low look like a bottom to you, or just another stop on the way down?
- Did you size down for the range, or trade it like a normal NVDA day?
Watching the replay needs no account. To trade the day yourself it has to be inside your plan's history: Free replays the last 30 weekdays, Trader the last 365 weekdays, and Quant every day since March 28, 2023.