Watch These Key Nvidia Stock Price Levels as Selling in AI Favorite Accelerates

News Snapshot:

Source: TradingView.com Key Takeaways Nvidia shares will remain in focus after falling sharply Wednesday amid concerns that stricter enforcement of new energy rules in China could weigh on the AI chipmaker’s sales. The price broke down below a pennant pattern in Wednesday’s trading session on the highest volume in more than a week, indicating a continuation of the stock’s current move lower. Investors should watch crucial support levels on Nvidia chart around $105 and $96, while also monitoring key resistance levels near $130 and $150. Nvidia (NVDA) shares will remain in focus after falling sharply Wednesday amid concerns that stricter...