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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc. -- Ignore unavailable to you. Want to Upgrade?

To: Bruno Cipolla who wrote (3278)11/29/2017 6:24:13 PM
From: Sam  Respond to of 4833
 
NVDA down 6.8%
LRCX down 8.7%

But obviously they are both in strong uptrends.

We'll see what happens over the next few days, weeks, months.



To: Bruno Cipolla who wrote (3278)11/29/2017 9:23:49 PM
From: SiliconAlley  Read Replies (1) | Respond to of 4833
 


For reference on these prices with respect to 200 day MVA:

WDC: 6% below 200 day MVA

SOXX: 13% above 200 day MVA

AMAT: 17% above 200 day MVA

MU: 36% above 200 day MVA

Many good resources can be found online regarding the significance and use of the 200 day MVA. I've seen multiple buy side firms use this level as a trading tool, which in this case would promote additional selling.


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