NVIDIA (NVDA) dropped from MA20 to near MA50, which is now also close to the orange up-channel top and the light blue gap top. It is expected to see some support there. Should it break below those supports, it may test another yellow gap top at about $240.
In addition, Nasdaq Composite dropped below MA50, and about 300 stocks followed suit, including GOOG, AMZN. Click the link below to view them:
360miq.com/screener?market=NYSE%20%2B%20NASDAQ&ma50=Close%20cross-under%20MA50
360miq.com/stockinfo?code=NVDA
