Nvidia Hits Resistance Amid Chip Whispers, Buy Point Emerges; But Is Nvidia A Sell Now?

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Nvidia rose above the 50-day moving average Friday and hit an early buy point at 141.90. Does that mean Nvidia stock is a buy now? On Monday, Chief Executive Officer Jensen Huang will deliver the keynote address at CES 2025 at 6:30 p.m. The event can be viewed on Nvidia’s website.