Usman Salis
Nvidia meteoric rise has been the stuff of Wall Street legends, but cracks are starting to show beneath the surface. While the chip giant trades near $180.87, a concerning pattern is emerging: insiders are hitting the sell button just as retail investors pile in. Combined with troubling technical signals, NVIDIA's unstoppable momentum might be hitting a wall.
Insiders Are Quietly Heading for the Exit
The numbers tell a sobering story. As NVIDIA climbed toward $180.87, insider selling activity has ramped up significantly. These aren't panic sells – they're calculated moves by people who know the company best. The stock still holds above its crucial $140 support level, but the repeated sell signals during the rally paint a picture of smart money taking profits while the getting's good.
Current price action shows NVIDIA battling resistance around $180.45, with immediate support at $176.53. The heavy selling pressure at these elevated levels suggests even bullish investors are getting nervous about the stock's stretched valuation.
Technical Warning Signs Flash Red
The charts are backing up what the insider activity suggests. NVIDIA's RSI sits at 62.58 – not exactly screaming overbought, but showing a classic bearish divergence. While the stock price keeps climbing, the RSI is trending lower, creating a disconnect that often signals trouble ahead.
This divergence pattern has historically preceded pullbacks in high-momentum stocks, and NVIDIA appears to be following the same playbook.
Usman Salis
