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Why Nvidia has the important stock chart in the world [Yahoo! Finance Canada]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Nvidia sports the "most important chart in the world" right now (see below), according to BTIG technical strategist Jonathan Krinsky. He explained, "Nvidia is the largest stock in the world. It just broke lower from a nine-month trading range, meaning there are a lot of trapped buyers. This has risk towards $150, so needless to say, it's likely the most important chart in the world." Nvidia shares currently trade at $168, or 10% above where Krinsky thinks the stock could fall. The chipmaker's stock price has tanked 15% from its recent peak. Despite a solid GTC 2026 conference in early March, where CEO Jensen Huang revealed a $1 trillion revenue pipeline through 2027, Nvidia stock has been hit by a "sell the news" reaction from investors who are questioning how much growth is already baked into its premium valuation. The company faces other headwinds as well. While Nvidia dominates the AI "training" chip market, there is growing uncertainty about how quickly it can monetize th
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