NVIDIA Channel Down initiating Bearish Leg to $172.

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NVIDIA Channel Down initiating Bearish Leg to $172.NVIDIA CorporationBATS:NVDATradingShotNVIDIA Corporation (NVDA) has been trading within a Channel Down pattern following the May 14 Higher Highs rejection. Right now the price is around its 1D MA50 (blue trend-line), close to the pattern's Top (Lower Highs trend-line). Technically, it can start here the 2nd Bearish Leg, which if it's symmetrical to the 1st, could make a -19.81% decline and reach $172.00, pricing a new Lower Low. By the time it's formed, it could make contact with its 1W MA100 (red trend-line), a long-term market Support that has been untouched since the April 07 2025 market bottom. --- ** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡