NVDA - On Verge of Breakdown NVIDIA CorporationBATS:NVDAVIAQUANTThis is an update to my last post: I have been monitoring this trendline for quite some time, and with Friday's close, NVDA has broken below a trendline it has been holding for the past six to seven months which is a significant development. It is possible for NVDA to reclaim this trendline on Monday, as occurred previously (marked by the yellow circle on the chart). However, for now it is best to assume that will not be the case, and that price will either continue lower from here or stage a brief retest of the trendline before declining further. The first breakdown target sits around $153, marked by the yellow dotted line. However, given that this would represent a loss of the range NVDA has been trading within for so long, a much larger correction becomes very plausible from here.