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Three Bearish Nvidia Charts Point to a Possible Local Top After Earnings Beat

2026-05-23 09:06:48

Nvidia stock traded at $223 after peaking at $236 on May 14, even though the May 20 earnings report beat revenue and adjusted EPS estimates. The article argues that weaker Chaikin Money Flow, an RSI bearish divergence, and a higher put-call volume ratio point to possible short-term downside.

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