Nvidia faces $430bn selloff, analysts eye key support levels

Nvidia Corp. experienced a three-day, $430 billion selloff, prompting traders to seek technical analysis for insight. The stock's 13% drop marked its first correction since April. Analysts see short-term support around $115, a key Fibonacci retracement level. Despite the decline, Nvidia remains up 139% this year. Experts like Ari Wald and Bruce Zaro emphasize the stock's strong long-term trend, suggesting a drop below $100 could warrant caution amid market volatility.

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By Jeran Wittenstein and Ryan Vlastelica

Nvidia Corp.'s three-day, $430 billion selloff has traders turning to technical analysis for clues on where the bottom may be.

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