Nvidia has captured the technology investor community by storm.
Nvidia’s stock price (ticker: NVDA) has surged in recent weeks and this has lead the broader stock market higher!
But, as you can see on today’s “weekly” chart of Nvidia, the high flying NVDA hit its 261% Fibonacci extension level last week, where it created a bearish doji star pattern at (1).
Recent weakness has me concerned that any further selling might trigger a broader stock market correction. Stay tuned!
This article was first written for See It Markets.com. To see the original post, CLICK HERE.
