US stocks continue to fall, but until when will they fall?
$NVIDIA(NVDA.US$ It plummeted close to 7% last night, fell nearly 13% in 3 days, and is in technical retracement territory.
At the same time $Nasdaq Composite Index(.IXIC.US$ with $S&P 500 Index(.SPX.US$ were also greatly affected, falling 2.05% and 0.71%, respectively, over 3 days.
From a technical point of view, the NASDAQ and S&P 500 have also entered the technical retracement zone.
Currently, what the market should be most concerned about is whether NVIDIA will close next.
Will the NASDAQ continue to cut back?
Currently, Wall Street bullies think so:
this pullback is a very healthy pullback
NVIDIA's target stock price has been raised.
Bank of America recently “bought” NVIDIA's stock price, and reaffirmed its top pick status with a target stock price of 150 dollars.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment