Over the last week, NVIDIA stock quotations lost almost 20%. The IT sector is again under strong pressure amid the record inflation in the U.S. for 40 years, the hopes for stabilization of the situation are not justified yet.
The price fall stopped in the support range of 155-160, from which the rebound upwards developed twice in May. The "inverted hammer" on the graph also shows some reduction in NVIDIA's losses. The nearest marker is the gap formed yesterday at 168.5.