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Nvidia stock just flashed a dreaded technical 'death cross' signal
- Nvidia shares hit a 'death cross' on Thursday signaling a potential downtrend after a 948% rally.
- A death cross occurs when a stock's 50-day moving average price falls below its 200-day moving average.
- Analyst Ari Wald suggests the signal may not lead to a major decline, citing range-bound trading.
- Nvidia shares flashed the dreaded 'death cross' signal on Thursday.
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