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Nvidia Stock Reaches Crossroads at Key Fibonacci Price Level: Breakout in Sight?

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Stocks Analysis by Chris Kimble covering: Nasdaq 100, NVIDIA Corporation. Read Chris Kimble's latest article on Investing.com

So what’s next for this high-flier?As you can see, NVDA surged to its 361% Fibonacci extension level before stalling out.

We will have to wait to see if there is any follow-through selling. If not, NVDA could break out of this pattern and reach new highs.

 

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