Nvidia Stock Price Outlook: Technical Analysis Suggests More Pain Ahead

• Nvidia stock is trading below a key technical level after this week’s $600 billion rout.
• The decline comes amid investor concerns over DeepSeek, a new AI model from a Chinese startup.
• The next catalyst for Nvidia is likely to be its earnings report on February 26.

Nvidia stock is on thin ice as it trades below a key technical level for the first time since January 2023.