Is Nvidia stock gearing up for a 40% correction?
Despite a positive Q4 FY 2025 earnings report on February 26, Nvidia stock (NASDAQ: NVDA) is still on a rather steep downward trajectory as of the first week of March.Although analysts reacted positively to the quarterly results, NVDA shares ended February below the 200-day moving average (MA). The last time this bearish signal occurred was January 2023.In addition, on Monday, March 3, President Trump announced that the tariffs he announced on February 1 would come into effect a day later. China immediately ...