NVIDIA Corporation NVDA was popping up about 2% at one point Friday, in tandem with the general market, after core Personal Consumption Expenditure data cooled to its lowest reading since September 2021. Unlike several other big-tech stocks, Nvidia hasn't found itself under regulatory scrutiny until Thursday, when it was reported that French officials raided several of the company's offices as part of a probe into potential anticompetitive practices. While the news didn't appear to immediately negatively impact shares of Nvidia, technical indicators on the stock's chart show the local top may be in and a retracement could be on the horizon. Nvidia is trading in a confirmed downtrend and on Friday, the stock looked to be printing a bearish top pattern. Bearish On Nvidia?