Chart courtesy of stockcharts

Hello Folks !! I decided to pull up a daily chart of NVDA after looking at this sad chart. The daily showed me that it gapped lower early in July after the profit warning and basically made no significant movement since then, despite the markets being higher over that time. Apparently, that gap down took it under $12, which has now become resistance. Looking at the technical chart, the stock looks extremely weak as MACD is below 0 and KD is pointing downwards. If it breaks down the strong at $10.70, there is a chance to move down to the $10 area. Let's keep an eye on it.

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