⚠️ Is NVIDIA's Biggest Correction Still Ahead? Could $NVDA Fall Toward $100?
$NVDAB is facing renewed selling pressure, and the recent weakness in technology stocks has put investors on alert.
Let's look at the current situation.
NVIDIA recently traded around $243 before suffering a significant correction. Its price has now fallen toward $169, putting the $170 area under pressure.
Key downside levels I'm watching:
$164: Recent 52-week low area
$150: First major psychological support
$130: Possible deeper correction zone
$100: Extreme long-term downside scenario
But there's another important factor.
Recent reports indicate that NVIDIA's board is investigating allegations involving CEO Jensen Huang. This has added uncertainty and contributed to investor concerns.
Interestingly, Wall Street remains divided:
Bank of America maintained its Buy rating and $350 target.
Wells Fargo lowered its target to $300 but retained an Overweight rating.
This tells me something important: short-term market sentiment and long-term business expectations can be very different.
My view:
I wouldn't rush to buy every dip.
If selling pressure continues, $150 deserves attention. A deeper correction toward $100 is a possible bearish scenario, not a confirmed target.
For long-term investors, patience and risk management may be more valuable than trying to catch the exact bottom.
Would you buy NVIDIA at $150, wait for $100, or accumulate gradually? 👀
#NVDA #NVIDIA #AIStocks #stockmarket #Investing
$NVDAB is facing renewed selling pressure, and the recent weakness in technology stocks has put investors on alert.
Let's look at the current situation.
NVIDIA recently traded around $243 before suffering a significant correction. Its price has now fallen toward $169, putting the $170 area under pressure.
Key downside levels I'm watching:
$164: Recent 52-week low area
$150: First major psychological support
$130: Possible deeper correction zone
$100: Extreme long-term downside scenario
But there's another important factor.
Recent reports indicate that NVIDIA's board is investigating allegations involving CEO Jensen Huang. This has added uncertainty and contributed to investor concerns.
Interestingly, Wall Street remains divided:
Bank of America maintained its Buy rating and $350 target.
Wells Fargo lowered its target to $300 but retained an Overweight rating.
This tells me something important: short-term market sentiment and long-term business expectations can be very different.
My view:
I wouldn't rush to buy every dip.
If selling pressure continues, $150 deserves attention. A deeper correction toward $100 is a possible bearish scenario, not a confirmed target.
For long-term investors, patience and risk management may be more valuable than trying to catch the exact bottom.
Would you buy NVIDIA at $150, wait for $100, or accumulate gradually? 👀
#NVDA #NVIDIA #AIStocks #stockmarket #Investing
