$NVIDIA Corp(NVDA)$ Given the recent downturn of NVIDIA, it's crucial to analyze the factors behind the drop and assess whether the stock is indeed oversold. Here are some key points to consider: 1. Market Sentiment: The semiconductor sector has been under pressure due to various macroeconomic factors, including interest rate hikes, supply chain issues, and geopolitical tensions. This broader market sentiment can impact NVIDIA's stock price. 2. Technical Analysis: Analyzing the Relative Strength Index (RSI), which is a momentum oscillator, can help determine if NVDA is oversold. An RSI below 30 typically indicates an oversold condition. As of the latest data, if NVDA's RSI is hovering around or below this thre