After Two Quiet Days, The Nvidia Rally Continues

NVIDIA Corporation NVDA shares are trading higher by $9.00 (6 percent) at $158.12 in Thursday's session.

After trading in just over a $3.00 range over the last two sessions, its torrid rally has continued.

Citi raised its bull case scenario price target for Nvidia to $300, more than double the stock’s closing price on Wednesday.

With an opening print well over the top of the two-day range ($149.88), Nvidia had a brief retreat to $151.79 before continuing its move higher. So far, the continuation rally has taken the stock to $158.57 and it's now attempting to remain in the $158.00 handle.