NVIDIAShort
NVDA - Head and shoulder
The recent news of a 7nm AI chip dispute with China may add to the potential bearish momentum if the head and shoulders pattern in NVDA completes. Restrictions on exports and AI chip sales could impact NVIDIA's revenue from China, one of its key markets, and increase uncertainty around growth expectations. If investors perceive regulatory issues as a longer-term risk, the stock could face additional pressure, reinforcing any technical downtrend signals.
The pattern might align with a broader market response to geopolitical tension, so staying updated on policy shifts could be key here.
The pattern might align with a broader market response to geopolitical tension, so staying updated on policy shifts could be key here.
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