NVIDIA CORP. (NVDA)

NVDA, the big winner in 2024, has struggled at the start of 2025, with both its shares and sector turning negative on SIA relative strength rankings. The attached charts reveal a pullback in strength, with the point and figure chart indicating potential support at current levels but showing resistance near $125.59, and a broader support zone between $103.02 and $97.08. Sellers appear to be gaining control, as recent sell-offs have been followed by limited recoveries.

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