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 …