NVDA: Inverse HnS In Play – Major Support Broken

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NVDA: Inverse HnS In Play – Major Support BrokenNVIDIA CorporationBATS:NVDAibraheeemzNVDA has confirmed a bearish technical breakdown after retesting the neckline of a previously broken Inverse Head & Shoulders and failing to reclaim it. Adding to the weakness, the stock has now broken below the major 194 support on strong volume, signaling increasing selling pressure. Key Technical Observations: 📉 Failed retest of the Inverse Head & Shoulders breakout level, turning former support into resistance. 🔻 Decisive breakdown below the key 194 support with strong volume, confirming bearish momentum. 🎯 The next downside target lies around 178–180, where the stock may find temporary support. ⚠️ If selling pressure continues, a deeper correction cannot be ruled out. Unless buyers quickly regain control, rallies are likely to be short-lived and corrective in nature. Bullish Invalidation This bearish thesis would be invalidated by a strong daily close above 215, which would indicate that buyers have reclaimed key resistance and the breakdown was likely a false move. Until then, the technical outlook favors further downside, with 178–180 as the first key target.