Open account

The share price of Nvidia and Micron are both testing/breaking key support targets

Nvidia and Micron are both under technical pressure as shares trade lower and test key moving averages. Nvidia briefly fell below its 200-day moving average before recovering, but remains below the 100-day level, leaving the near-term trend fragile and keeping sellers in control unless it can reclaim higher support. Micron also pulled back sharply after its post-earnings rally, briefly breaking below Wednesday’s pre-earnings close and its 100-hour moving average before rebounding. The article frames both names as battleground stocks: if support holds, the selloff could be a bear trap; if support breaks, further downside could follow. The market impact is mainly on semiconductor sentiment, with traders watching whether bullish post-earnings momentum in Micron can persist and whether Nvidia can stabilize above major trend lines.

Category

NVIDIA

Sentiment

Mixed

Event

Technical analysis

Reading time

1 min