NVIDIA Corporation
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Nvidia Bearish Divergence Warns of Correction

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For those afraid of heights, Nvidia price action is warning of a correction in the medium term. To date, price action is holding above weekly trend line support at 176; however, a break below could expose a deeper pullback into the 150-140 zone, with the viewpoint supported by bearish RSI divergence that has developed since 2024. Meanwhile, there is a daily head and shoulders forming, with bears looking for confirmation on a break and close below support.

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