Nvidia Head and Shoulder Pattern

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Nvidia Head and Shoulder PatternNVIDIA CorporationBATS:NVDAVaranondNvidia (NVDA) is showing a textbook Head & Shoulders pattern on the weekly timeframe. After failing to reclaim the $212 ATH, the price has retraced to a critical support zone between $172–$177. A confirmed weekly close below this neckline signals a shift in momentum toward the $150 psychological support level (2024 highs). Fundamental Context: Despite strong Q4 2026 earnings (73% YoY revenue growth), the market reaction suggests a "priced-in" narrative. Concerns over forward-looking margin compression and geopolitical volatility are currently outweighing record Data Center performance. Trade Sentiment: Bearish Confirmation: Break below $172 on high volume. Invalidation: A recovery above the $190 "Right Shoulder" level.