Technical analysis by NOBSForex about Symbol NVDAX: Sell recommendation (12/16/2025)

I know there are a lot of Nvidia bulls out there but this chart is not looking strong at the moment. Price is back in a range that it was stuck in from July - October and we also cracked the 100MA(177.9) today. If bulls can't reclaim 178 and if 175 breaks I would be short to test 170 and if price breaks and holds below 170 I would be pressing shorts for the 200MA(164). If price can reclaim 178 I would be long to test 180, 183 and if price can break/hold back above this range I would be pressing longs for 190, 195. Lots of weakness here just like you're seeing in the NQ so bulls need to step up soon or this will break down further.