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AMD, NVDA, and INTC Forecasts – Semiconductor Stocks Test Key 50-Day EMA Support
['Christopher Lewis', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
AMD Technical AnalysisAMD trades at 539.69, close to its June high after a rally from the 266.50 area.
The 50-day EMA has proven itself to be support.
NVDA Technical AnalysisNVIDIA trades at 208.76, back above its 50-EMA after defending the 200 level in July.
The 50-day EMA sits just below the candlestick from the previous session, so that should be paid close attention to.
INTC Technical AnalysisIntel sits at 100.23 after sliding from the 133.00 area, holding the shaded 100 support zone.