NVIDIA Corp (NVDA)
Breaking Key Technical Levels
Technical Observation: After DeepSeek moel was introduced, NVDA broke below both a bearish consolidation pattern and the key 150 SMA, while both the Relative Strength and Fund Flow indicators closed below zero.
1. Bearish Scenario: NVDA continues to trade below the gap area (124.80–141.88), indicating a tendency to trend lower.
2. Bullish Scenario: NVDA trades above 124.80 (the gap), suggesting that further mark-up is expected.
Disclaimers apply