Trade Idea - NVDA
Friday, March 14, 2008
Chart courtesy of stockchartsNvidia shares were down more than 7% to $18.32 closing near the low of the year. Stock is in a downtrend. In addition, technical indicators such as MACD and KD are also showing some weak signala as well MACD is below 0 and K line is dropping below D line. NVDA is looking ready to test its lows again in the next weeks. Let's keep her in our radar to see if it will break $18 on Monday or Tuesday.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.Labels: NVDA
