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Nvidia Reclaims Key Level After Carnage, But Is It A Buy Now?

Nvidia reclaimed a psychological level after the stock plunged 6% Monday, when a report said the AI chip leader will delay its next-generation AI chip due to a flaw in the design. The drop sent Nvidia stock further below the 50-day moving average. Checking several technical measures and chart readings and time-tested trading rules improve the odds of success and help investors assess whether Nvidia stock is a buy now. Read More...

Nvidia reclaimed a psychological level after the stock plunged 6% Monday, when a report said the AI chip leader will delay its next-generation AI chip due to a flaw in the design. The drop sent Nvidia stock further below the 50-day moving average. Checking several technical measures and chart readings and time-tested trading rules improve the odds of success and help investors assess whether Nvidia stock is a buy now.

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