Key levels like this with NVIDIA create a probability for correction.
For every probability estimate we make in one direction there is residual probability in the opposite direction.
This means potential losses.
Lose your money and sue yourself! This is not advice to trade in securities.
as Nvidia makes it's 3 wave correction pushing down to 111 high volume price action.
Fundamentally, the graphics card maker is in a brilliant position as leading graphics card provider to work in future disruptive industries, such as AI, QC, Crypto and Autonomous driving, as well as established industries such as Gaming, CGI/animation and CAD design.
I review NVDA on larger time frames. There is a tremendous fight between the bulls and bears at a 23.6% retracement on the Daily time frame, with momentum heavily for the south. NVDA has suffered the worst fall in its history. It is still a bear market at least on the Daily and Weekly time frames.