Nvidia Corp: Stock Triggers Technical 'Sell' Signal
(About StockTargetAdvisor.com (STA Research): Is a Canadian investment research company, consisting of Financial Professionals specializing in advanced stock research and analysis).
On June 20, 2025 during Nividia's trading session a SELL signal for Nividia's stock was identified by Stock Target Advisor.
SELL Signal Summary:
Stock: NVIDIA Corp (NVDA)
Sell Price: $143.85
Signal Basis: Confirmed Bearish Harami
RSI: 46-Neutral
Technical Indicator- Strong Sell
Technical Pattern: Bearish Harami
A Bearish Harami is a candlestick reversal pattern typically seen at the end of a rally, indicating potential trend exhaustion or a shift to bearish sentiment. Here's the anatomy:
Day 1: Large white/green candlestick (bullish) – strong upward close.
Day 2: Small black/red candlestick (bearish) – entirely contained within Day 1's body.
Interpretation:
Suggests waning buying pressure and potential momentum reversal.
It is not confirmed until the price closes below the confirmation level, which happened here (confirmation level: $144.02, close: $143.85).
Market Outlook & Sentiment:
The Sell signal is supported by:
Confirmation of the pattern:Friday's close broke below the confirmation level, validating the signal.
Loss of market momentum: NVDA appears to be struggling to sustain recent gains.
Trader sentiment shift: Increased alignment with bearish positions among technical traders.
We may be at a market top or the beginning of a correction. This is an important red flag for current long positions.
Strategic Takeaway:
For current stock holders: The signal recommends closing long positions to protect gains or limit downside.
For traders: Look for opportunities to short or rotate into stronger bullish setups elsewhere.
Risk note: If broader markets correct or tech sentiment sours, NVDA may be vulnerable to deeper pullbacks.
Impact & Outlook
Technical signals like Bearish Harami are short-term indicators and work best when combined with volume, RSI, MACD, and broader market trends.
Nvidia remains a high-beta stock, so volatility is expected. Traders should set stop-losses accordingly. Analysts have a consensus 'Strong Buy' rating on the stock, with a 12 month target forecast of $172 per share.
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