Nvidia Breaks Below a Key Level!
1. Nvidia
$NVDA Bearish rumors are everywhere, and nobody is buying the denials! The stock surged from 227 before plunging to 217, making the chart look extremely ugly. Next week, the gap at 210 below will act like a magnet, pulling the stock downward. It will most likely test support at 212 or even the 208 100-day moving average. Don’t rush to buy the dip without major positive news!
2. Broadcom
$AVGO An excellent short target! As long as the stock remains firmly below 370, the 200-day moving average, it’s practically free money. There is a perfect gap at 356