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If this Nvidia support level breaks, it could be ‘goodnight' for NVDA stock
NVDANvidia(NVDA) Finbold·2024-12-13 15:19

Nvidia (NASDAQ: NVDA) is treading on thin ice as it flirts with a critical support level. Currently trading at $138.68, up 0.98% on the day, the stock is down over 5% for the past month and showing signs of vulnerability. Nvidia stock 1-month chart. Source: FinboldIf NVDA breaks below the $132 mark, technical analysts warn it could be lights out for the AI chip giant’s near-term momentum. Head and Shoulders pattern in playA head-and-shoulders formation has emerged, signaling potential trouble ahead. This be ...