Published 16 days ago • loading... • Updated 13 days ago
NVIDIA Corporation Stock Faces $250B Risk Flag as RSI Signals Overbought
The chipmaker’s gains were fueled by a $500 billion multiyear supply deal with Taiwan Semiconductor Manufacturing and rising spending from Alphabet and Amazon.
NVIDIA Corporation stock closed Tuesday at $211.94 , holding above its 200-day trend line near $192.51 but below pivot resistance at $213.65 . The daily structure looks constructive. Yet shorter timeframes are overbought, and with earnings due August 26, consolidation likely dominates near term ....