March 8, 2024: NVDA's reversal from a record run, replayed

NVDA pushed higher in the first hour, then sold off for most of the day. Watch it, then trade it from the open.

Prior close

$926.25

Open

$951.16

Gap

+2.7%

High

$973.91 at 10:30 AM

Low

$865.12 at 1:35 PM

Last 5-minute close

$875.02

Change

-5.5%

Range

11.7%

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 $951.16, +2.7% from the prior session. The high of the day came on the 10:30 AM bar at $973.91, and the low on the 1:35 PM bar at $865.12. The last 5-minute bar closed at $875.02, -5.5% from the prior close, with a range of 11.7% in one session.

NVDA had run up for weeks, and traders took profits after the record-breaking streak (Yahoo Finance).

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:

At the high, were you long and chasing, or looking for a short?
When the first lower high came, did you notice it?
Long from the morning: where was your stop, and did it get hit?
Short: how much of the afternoon drop did you stay for?

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.