Tue, 10 Dec 2024 09:16:00 GMT
Possible Head and shoulders on Nvidia
A Head and Shoulders pattern has formed on Nvidia stock. If the second shoulder is confirmed, a price move towards 130.05 and 115.15 is plausible.
Additionally, the Chinese government is investigating Nvidia for a possible anti-monopoly law breach, which could amplify the downward price movement if the H&S pattern is confirmed.
However, if the pattern is not confirmed, further price movement