
Nvidia's stock, currently trading around $198, faces a potential sharp decline to $110 by mid-September 2026, according to a trading expert analysis. The warning is based on long-term cyclical patterns, weakening momentum indicators, and historical correction similarities, including a double-top formation and overbought RSI levels. Despite this bearish outlook, Nvidia reported record revenues driven by strong demand for its GPUs and AI technologies, with key partnerships and projects supporting growth. Investors await the May 20, 2026 earnings report, which could influence the stock's future direction amid its premium valuation.