NVIDIA’s Sharp Sell-Off Tests My Long-Term Conviction

I have held NVIDIA since 2023, with an average entry price of about $118. After the share price climbed as high as roughly $239, a steep drop tested my confidence in the company. This account links the sell-off to claims about Jensen Huang and a reported leadership change. Those claims should be verified before being treated as established facts. Based on the figures I cite, NVIDIA fell about 17.8% in a week to $164.48, after dropping near $151 before rebounding. The chart showed lower highs and lower lows, with support around $159–$160 and $150–$152, and resistance near $175–$177 and $180–$182. A rebound alone does not confirm that the decline is over. I am watching whether NVIDIA can maintain its competitive edge and manage leadership uncertainty. I still believe in the company’s long-term prospects, but I do not want loyalty to replace reassessment. For now, I am choosing to watch the market and reconsider whether my investment thesis still holds.

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