Today news
About the same in other media
Nvidia Stock at Key Fibonacci Extension Level Ahead of Report
Reading now: 391
NVIDIA (NASDAQ:NVDA) has captured the technology investor community by storm.
The AI provider's stock price has surged in recent weeks and this has lead the broader stock market higher.
But, as you can see on today’s weekly chart, the high flying stock hit its 261% Fibonacci extension level last week, where it created a bearish doji star pattern at (1).
Could this be a sign of what's to come? Recent weakness has me concerned that any further selling might trigger a broader stock market correction.
Read more on investing.comAbout this in other media
Nvidia stock surges as revenue forecast tops estimates, AI demand continues investing.com /2 months ago
Nvidia stock rises on growth forecast, drives market surge on renewed AI interest livemint.com /2 months ago
Nvidia stock surges after results, lifts other AI shares economictimes.indiatimes.com /2 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
