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NVIDIA is still fundamentally strong, but the short-term structure is showing profit-taking and risk-off pressure.


The stock is currently around $212, after pulling back from the recent ~$235 area. Today’s weakness is being driven partly by broader AI-sector concerns and macro pressure, rather than a clear deterioration in NVIDIA’s underlying business. �
Reuters +1
Key levels I’m watching:
$209–212: Immediate support zone
$200: Important psychological/technical support
$218–220: First area that needs to be reclaimed for momentum to improve
$230–235: Major resistance / previous high zone
The bigger picture remains constructive: NVIDIA reported $96.2B quarterly revenue, up 106% YoY, while Data Center revenue reached $89B, up 117% YoY. Management also guided for approximately $108B revenue in Q3. �
$NVDA Newsroom +1
My view:
As long as NVDA holds the broader support structure, this pullback can be viewed as a reset within a larger bullish trend. However, losing the $200 area would weaken the setup and could open the door to a deeper correction.

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CovWarrior
19 minutes ago
If $200 holds, it's a golden buying opportunity; if it breaks, it's over.
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WalletCleaner
24 minutes ago
First Review
This pullback looks scary, but with data center growth at 117% right here, if institutions dare to dump, I dare to buy.
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