StockNews.AI
NVDA
Investopedia
197 days

Watch These Nvidia Stock Price Levels Amid Continued Slump for AI Favorite

1. Nvidia shares fell after US tariffs were announced, signaling trade concerns. 2. Shares dropped 16% last week amid competition from China's DeepSeek AI model. 3. Nvidia's stock breakdown indicates institutional selling; key support levels to watch. 4. Long-term support observed around $96, with psychological support at $50. 5. Resistance levels to monitor include $130 and $150 for potential recovery.

5m saved
Insight
Article

FAQ

Why Bearish?

Tariffs indicate increased operational costs, affecting Nvidia's market position. Historical precedents show tariffs impact tech stocks negatively.

How important is it?

Tariffs and competition from AI startups directly pertain to Nvidia's prospects. The subject matter is crucial given Nvidia's market role in AI technology.

Why Short Term?

Immediate reactions are expected as tariffs impact earnings forecasts. Recent downturn supports short-term bearish outlook.

Related Companies

Related News