Nvidia fell in early trades Monday but remained below a key level of support after chip titan Broadcom reported results last week. Its 50-day moving average is an important level of support, and Nvidia fell below it for the first time since Sept. 12 on Tuesday last week — ending a nearly three-month-long feat. If you look back at its chart, Nvidia has not made much progress after it broke out at the buy point of 140.76 in October. Read More...
Nvidia fell in early trades Monday but remained below a key level of support after chip titan Broadcom reported results last week. Its 50-day moving average is an important level of support, and Nvidia fell below it for the first time since Sept. 12 on Tuesday last week — ending a nearly three-month-long feat. If you look back at its chart, Nvidia has not made much progress after it broke out at the buy point of 140.76 in October.
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