Why Nvidia has the important stock chart in the world

If Nvidia (NVDA) stock is a great proxy for the broader stock market, then this AI leader may be leading the rest of the market even lower from its recent doldrums. Nvidia sports the "most important chart in the world" right now (see below), according to BTIG technical strategist Jonathan Krinsky. He explained, "Nvidia is the largest stock in the world. It just broke lower from a nine-month trading range, meaning there are a lot of trapped buyers. This has risk towards $150, so needless to say, it's li ...