Watch These Key Nvidia Stock Price Levels as Selling in AI Favorite Accelerates
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Nvidia shares will remain in focus after falling sharply Wednesday amid concerns that stricter enforcement of new energy rules in China could weigh on the AI chipmaker’s sales.
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The price broke down below a pennant pattern in Wednesday’s trading session on the highest volume in more than a week, indicating a continuation of the stock’s current move lower.
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Investors should watch crucial support levels on Nvidia chart around $105 and $96, while also monitoring key resistance levels near $130 and $150.
Nvidia (NVDA) shares will remain in focus after falling sharply Wednesday amid concerns that stricter enforcement of new energy rules in China could weigh on the AI chipmaker’s sales.
