Nvidia shares are showing weakening signals around $189.30, with analysts cited by The Tradable suggesting a possible correction of nearly 20% that could push prices toward $143.
After a period of strong momentum, the weekly chart now points to fading strength. As The Tradable explained, institutional investors appear to be scaling back, and retail holders may find themselves exposed if the slowdown accelerates.
At its recent peak near $189.30, the stock appeared stretched. One market analysis posted on X, highlighted by The Tradable, warned that continued pressure on demand levels could drive NVDA down by roughly 18.36%, equating to about $32 per share, toward $143.63 in the short term.
The $175 mark is considered a key line in the sand. Analysts told The Tradable that while the chart technically retains a bullish structure, failure to remain above this threshold could quickly shift sentiment to bearish.
If the sell-off extends, some institutional buying interest has been spotted between $140 and $150. As reported by The Tradable, that area could represent either a major buying opportunity or a short-lived recovery depending on how traders respond.
Ultimately, Nvidia stock stands at a turning point. A slide below present levels would give weight to the $143 scenario, but holding above $175 might delay bearish expectations. According to The Tradable, the outcome of this week's trading session is likely to define the direction.
