May 25, 2023: NVDA's earnings gap, replayed

NVDA opened far above the prior close after earnings and held most of it all day. Watch the whole session, then trade it yourself.

Prior close

$305.46

Open

$385.46

Gap

+26.2%

High

$394.78 at 11:25 AM

Low

$366.35 at 9:35 AM

Last 5-minute close

$379.81

Change

+24.3%

Range

9.3%

From the replay's 5-minute bars, regular session only. Prior close is the last 5-minute bar of the session before.

NVDA opened at $385.46, +26.2% from the prior session. The low of the day came on the 9:35 AM bar at $366.35, and the high on the 11:25 AM bar at $394.78. The last 5-minute bar closed at $379.81, +24.3% from the prior close, with a range of 9.3% in one session.

The evening before, Nvidia guided second-quarter revenue to about eleven billion dollars (Nvidia's release on SEC.gov).

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:

After a gap that big, did you chase the open, fade it, or wait for the first pullback?
The low came early. Did you have a stop under it?
When it stopped making new highs, did you take something off?
Would you have held a long into the close, or been flat?

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.