Nvidia’s Sharp Pullback: A Buying Opportunity or Just the Beginning?

Published: 4/18/2025

Nvidia (NVDA), one of the biggest winners of the recent AI-driven rally, has seen a noticeable pullback over the past few weeks—triggering concern, confusion, and curiosity among traders.

After soaring to all-time highs on the back of AI demand and bullish earnings, the stock is now correcting, down more than 15% from its peak. So, what’s going on? And more importantly: what should smart traders do next?

⚠️ Why Is Nvidia Dropping?

Several factors are driving the decline:

• Profit-Taking: After such a strong rally, many funds and traders are locking in profits.
• Valuation Pressures: With a high P/E ratio, Nvidia is vulnerable when investor sentiment shifts.
• Rising Yields: A hawkish Fed or hotter-than-expected inflation data makes growth stocks less attractive.
• Geopolitical Tensions: China-U.S. tariffs and restrictions on chip exports add to the uncertainty.

🗓️ Key Events That Matter Right Now

Before you trade NVDA’s dip, keep your eyes on the economic calendar. Certain events could drastically impact Nvidia’s price, regardless of technicals:

• CPI Data (Inflation Reports)
  Hotter-than-expected inflation could spook markets and hurt tech.
• FOMC Meeting (Next Decision: June 12)
  If rate cuts are delayed, tech could remain under pressure.
• Jobs Data (NFP)
  Strong employment data may push yields higher, pressuring high-growth names.
• China Trade News
  Any headlines about chip restrictions or tariffs could hit Nvidia hard.

If you're trading NVDA without knowing when these events hit, you’re essentially flying blind.

🔍 What Does the Technical Picture Say?

Nvidia’s stock is currently testing the 200-day moving average, a key level that many traders use to gauge long-term support. RSI is approaching oversold territory, indicating a potential bounce… but that bounce could get crushed if an unexpected macro event strikes.

That’s why timing matters—and why tracking economic events is essential.

🧠 So… Buy the Dip or Wait?

This might be a buying opportunity if macro conditions support a rebound. But if inflation comes in hot or the Fed turns more aggressive, NVDA could fall further—regardless of how strong the company is.

Trading around earnings and macro events requires precision.

✅ Pro Tip: Don’t Trade Nvidia Without Checking the Calendar

Big names like Nvidia are ultra-sensitive to data. Even a small shift in economic tone can trigger major volatility.

💡 Smarter traders time their entries and exits around events—not just chart setups.

Horaizon’s Event Tracker lets you monitor the macro calendar in real time, filter by impact, and get alerts on events that move the markets.

Don’t let the next CPI print or Fed speech catch you off guard—trade with context.

🔗 Ready to trade smarter?

Check out how Horaizon helps you track economic events that matter 👉 Learn more