CNBC’s Mad Money host Jim Cramer called Nvidia stock a “shortsellers paradise” in a post made on X on Monday. The analyst has a reputation for making ill-timed calls, as his predictions usually go the opposite direction. Read here to know the number of wrong price predictions made by Jim Cramer for a better understanding of his calls.
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Jim Cramer’s tweet on Nvidia stock highlights a death cross chart pattern, which made him call it a “shortsellers paradise”. The pattern, marked by the 50-day moving average (MA) moving below the 200-day MA, signals the beginning of sharp downward moves.
Death Cross: short term (50 day) moving below the 200 day.. Shortseller's paradise…Nvidia
— Jim Cramer (@jimcramer) March 24, 2025
“Death Cross: Short term (50 day) moving below the 200 day. Shortseller’s paradise Nvidia,” stock, wrote Jim Cramer. Will this signify major price changes for NVDA in the coming weeks? Let’s find out.
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Nvidia Stock: Will NVDA Crash During Q2 of 2025?
NVDA opened Tuesday’s bell at $121 and surged nearly 3.2% in the day’s trade. However, Nvidia stock is down more than 10% year-to-date and remains on the bearish side of the spectrum. The Trump’s trade tariffs will go into effect on April 2, 2025 and the development is making the markets jittery. The US stock market is sending mixed signals as investors are divided over tariffs and their outcome on the economy.
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Nvidia will also face disruption in sales as a major portion of its revenue comes from overseas customers, especially China. The move can hamper Nvidia stock’s prospects as a dip in revenue can prove costly in the charts. It is advised to wait and watch how the development plays out when the tariffs go live next month.
If Nvidia experiences a major dip in price, it would be the best time to accumulate the stock. The tech giant is among the top performers in the last five years and a bull market can change its fortunes. Read here to know how high NVDA could trade in the next five years.