Nvidia's stock at a crossroads to the $500 Fibonacci hurdle

Nvidia's stock price is nearing a crucial Fibonacci resistance at $500, a breakthrough of which could indicate a strong bullish trend.

Mixed technical indicators show a bearish MACD histogram but bullish MACD lines, creating uncertainty about the stock's direction.

The stock's recent rally towards $493 Fibonacci resistance raises questions about its ability to surpass previous highs and counter bearish indicators like a declining RSI.

Weekly chart analysis reveals bearish signs in MACD lines and RSI, but bullish tendencies in MACD histogram and EMA golden crossover.