Nvidia - Bet On This Foolproof Chipmaker?
@JC888：
$NVIDIA Corp(NVDA)$ Across The Board Tumble. On Thu, 11 Jul 2024 when a cooling June CPI inflation was released, US market took a tumble instead of charting new highs. This was because investors have decidedly switch focus to interest “sensitive” stocks and ETFs. As a result, Nasdaq fell -1.95% or -364.04 to 18,283.41. (see above) Leading semiconductor stock Nvidia was not spared either. On Thursday, Nvidia fell by -5.57% to $127.40 per share. (see below) Technically. As of Thu, 11 July Nvidia stock price: - Is above its moving averages of 200-day, 50-day and 20-day. - Has a relative strength index “neutral” reading of “56”. Based on that, Nvidia is still has room to climb higher as it is neither “overb