Nvidia stock bearish signal emerges as drop below $150 on the horizon
Nvidia (NASDAQ: NVDA) stock’s ongoing near-term bearish sentiment is likely to persist in the coming days, with technical indicators suggesting a potential drop below 167, down 2.7% on the day, and has fallen over 6% on the weekly timeframe, though it remains up 20% year-to-date.NVDA stock one-week chart. Source: FinboldNow, according to analysis by pseudonymous trader SmartReversals, the August candle formed a shooting star pattern, ...