Yahoo Finance

Is Nvidia ready for rebound based on its technicals?

Nvidia (NVDA) shares are under pressure in Thursday's session despite beating analysts' expectations for the chip giant's fourth quarter earnings. Yahoo Finance Data and Markets Editor Jared Blikre joins Wealth host Brad Smith to discuss the stock's technical outlook, analyzing patterns and trends. The stock shows signs of indecision and volatility, with the company recently dipping below its 200-day moving average. If the stock remains below this level, the rally could be at risk, but a rebound could signal a strong buying opportunity. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Josh Lynch