$NVDA : Losing $447 Billion, Is the Rebound a Sign of Recovery?

NVDA is at $188, the latest price benchmark. After heavy selling pressure, NVIDIA has begun to rebound, but the trend has yet to show a solid recovery.

Based on the weekly Fibonacci range of $164.27–$243.37:

- 23.6%: $196.06
- 38.2%: $205.10
- 50%: $212.42
- 61.8%: $219.73

Support: $185–181
Resistance: $196, followed by $205 and $212.

Real market scenario:

Bullish: If NVDA can hold above $181 and reclaim $196, the possibility of a recovery toward $205 begins to open up.

Bearish: If $181 is breached, the risk of a decline toward the historical support at $164.27 should be watched.

Latest news: On November 5, NVIDIA lost around $447 billion in market capitalization in a single session after its stock fell 9.26%. The pressure was driven by investor concerns about AI regulation and the scale of data center investments. In Friday's session, November 6, NVDA rebounded by around 2.8%, but the recovery still needs confirmation.

Conclusion: NVIDIA's fundamentals remain strong in the AI ecosystem, but market pressure shows that valuation and sentiment remain risks. The $196 level is an important area for testing the strength of the rebound. Don't rush into a decision before the market provides confirmation.