Nvidia testing/breaking its 100 day moving average. Microsoft also testing a key MA level ...Middle East

Nvidia shares are currently trading down $-9.02 or -7.56% at $110.37. That is right at its 100 day moving average at $110.36. The low price did reach $109.40 below that moving average. BearishThe current decline is on pace for its worst trading day since April 19, 2024 when the price fell -10%. The price is down three of the last four trading days. The high price last week on August 26 (just before earnings) reached $131.26. That equates to decline of 16% from that high.As Nvidia goes so does the NASDAQ index and other Magnificent 7 stocks: Meta--1.39% Apple -2.26% Amazon -1.47%Alphabet -2.82%Microsoft -1.37%Tesla is bucking the trend again of 0.60%Looking at the daily chart of Microsoft, it

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