NVIDIA Corporation's stock ($NVDA) is showing signs of weakening momentum as it trades around its 50-day moving average (50DMA). The stock recently dipped to a low of $138.96 and is now testing key support levels near $138, with the 50DMA at $137.88. Technical analysts note that NVIDIA has been riding its 50DMA but is now cutting below it, which could signal a potential shift in momentum. Concerns have been raised about a possible head and shoulders pattern forming on the chart, which may indicate further downside if confirmed. Traders are closely watching levels around $135-$134, $132-$130, and $131.39, as a break below these points could trigger additional selling pressure. Historically, NVIDIA has bounced back from similar levels, but market sentiment suggests caution as sellers appear to be gaining an upper hand.