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If this Nvidia support level breaks, it could be ‘goodnight’ for NVDA stock

Summary by Finbold
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: Finbold If 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 play A head-and-shoulder…
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Finbold broke the news in on Friday, December 13, 2024.
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