Nvidia’s stock drops below key uptrend tracker, snapping longest streak above it in 6 years

The stock slumped 4.7% on Wednesday to close at $425.54, which was 10.4% below the July 18 record close of $474.94, following a from Super Micro Computer Inc. , which counts Nvidia as a key supplier. Many on Wall Street believe a correction is defined by a decline of at least 10% to up to 20% from a significant recent peak. A drop of 20% or more is thought of as a bear market. But perhaps more important for chart followers, the stock closed... + full article