Watch These Nvidia Stock Price Levels After Nearly $600B Wiped From Market Value

1. Nvidia shares dropped 17% due to competition from a Chinese AI model. 2. The stock fell below crucial support levels, indicating possible further declines. 3. Increased trading volume suggests significant portfolio rebalancing by investors. 4. Nvidia's market cap decreased by nearly $600 billion during the selloff. 5. Recent volatility follows a sustained increase in Nvidia's stock over the past year.