Chart Levels to Watch After Bearish Engulfing Pattern – Will Nvidia Rebound or Retrace?

Santa Clara, California – Nvidia, a leading AI chipmaker, is facing a potential downside reversal after its shares dropped from a record high. The company recently made headlines for its technology deal with Middle Eastern telecommunications giant Ooredoo. Thursday’s intraday reversal in Nvidia shares led to the formation of a bearish engulfing pattern, signaling a possible shift in momentum for the stock. Investors are closely monitoring key chart levels around $119 and $110, where the …

Read more

Wildfires Engulfing Mid-Atlantic States: High Winds Wreak Havoc in Virginia

Winds reaching high speeds are fueling devastating wildfires in Virginia and other Mid-Atlantic states. The blustery conditions have caused dozens of wildfires to erupt along the Appalachian Mountains, posing a significant threat to the affected areas. Forest fires in Virginia have resulted in homes being burned and parts of parks being closed off to the public due to safety concerns. In Albemarle, a state of emergency has been declared as brush fires continue to spread, …

Read more