Nvidia Corp. (NVDA) has been trading lower since late November. In our November 15 review we changed our stance and wrote, "I have no special knowledge of what NVDA is going to report on Wednesday after the close, but prices are extended or overbought. We have made a big rally but have stopped short of our price targets and a rickshaw man candlestick pattern has our attention. Traders should consider nailing down some profits on our long recommendations. Raise stops to $270 from $220 on the balance of your holdings."
Let's check the charts again. 
In this updated daily bar chart of NVDA, below, we can see that prices have worked lower and trade below the cresting 50-day moving average line. The 200-day moving average line has a positive slope and intersects down in the $220 area.
The On-Balance-Volume (OBV) line shows weakness from early November telling us that sellers of NVDA have been more aggressive. The Moving Average Convergence Divergence (MACD) oscillator is below the zero line in sell territory.
In this weekly Japanese candlestick chart of NVDA, below, we can see that a correction lower is still unfolding. Prices are above the rising 40-week moving average line but the candles have yet to show us that the lows are being rejected.
The On-Balance-Volume (OBV) line is pointed lower and the MACD oscillator has crossed to a take profit sell signal.
In this daily Point and Figure chart of NVDA, below, we can see a downside price target of $233.
In this weekly Point and Figure chart of NVDA, below, the software shows us a price target in the $205 area.
Bottom line strategy: Some traders and analysts love to buy a pullback. I, on the other hand, like to see clues that a low or bottom has been made. I would avoid the long side of NVDA until the technical clues point to a bottom reversal.
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