Will Nvidia (NVDA) stock slide further after hitting ‘touch of death'?

Nvidia (NASDAQ: NVDA) stock has traded in the red for the last two trading sessions, and technical indicators suggest investors should anticipate further downside.This projection stems from Nvidia’s recent price movement, which saw the stock hit a “touch of death,” signaling possible declines ahead, according to an analysis shared by stock market expert Peter DiCarlo in an X post on September 18.DiCarlo explained that the “touch of death” is triggered by the BX Trend, an indicator reflecting a stock’s buy a ...