Considerations for $NVDA post-split trading dynamics
With the $NVDA 10-for-1 stock split effective today, I'm curious about members' immediate thoughts on its potential impact on trading dynamics. While the fundamental valuation remains unchanged, the lower per-share price could increase accessibility for retail investors and option traders, potentially influencing liquidity and volatility.
From a technical perspective, how are you approaching your support and resistance levels post-split? Are you simply dividing previous levels by ten, or are you observing new patterns forming given the altered price discovery? I'm particularly interested in any empirical observations on other high-profile splits and how they impacted short-term price action versus the longer-term trend. The options market might be particularly telling here.