Trading Expert Cautions Nvidia Stock Could Crash to $130, Sets Timeline

NewsMon, 31 Aug 2026 14:03:00 UTC2 hours ago
Trading Expert Cautions Nvidia Stock Could Crash to $130, Sets Timeline

Nvidia stock (NASDAQ: NVDA) opened Monday’s trading session at $217 after plunging nearly 4.6% on Friday. It fell from a high of $228 and slipped south the entire day. On the heels of the recent downturn, a trading expert has cautioned that NVDA is flashing a bearish signal and supported the thesis with a chart-based analysis.

The expert published by TradingShot on TradingView argued that Nvidia stock is mirroring technical conditions to previous major price corrections, including the 2018 and 2022 crashes. He even went ahead and cautioned investors that NVDA stands a chance of crashing 40% from its current price. It would be a market-shaking crash if such a scenario plays out and realigns the tech sector.

Source: TradingView by TradingShot

The analyst shared a chart explaining that Nvidia stock has been trading within an 11-year ascending channel dating back to July 2015. He stressed that this phase has historically gone through cyclic bullish and bearish phases and produced major tops and bottoms. The expert argued that NVDA’s current cycle has peaked in May 2026, when it reached a yearly high of $236.

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