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Nvidia, Apple, other tech giants flash weakness. Here are buy levels to consider as entry points

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Nvidia, Apple, other tech giants flash weakness. Here are buy levels to consider as entry points

HANGZHOU, CHINA – JUNE 3, 2024 – The NVIDIA logo and the Apple logo are pictured in Hangzhou city, Zhejiang province, China, June 6, 2024. On June 5, Eastern time, Nvidia’s stock market value exceeded $3 trillion, officially surpassing Apple’s market value and becoming the world’s second largest technology giant by market value. It is worth noting that in just over 3 months, Nvidia’s market value soared from $2 trillion to $3 trillion. (Photo credit should read CFOTO/Future Publishing via Getty Images)

Cfoto | Future Publishing | Getty Images

Is it too late to get in on the Super Six?

We addressed that question back in late January to help investors who didn’t own shares find some key entry points. Apple and Alphabet pulled back to the support levels we highlighted and have since rallied strongly. Meta Platforms got down close before it was off to the races again. Nvidia, Microsoft, and Amazon never looked back.

So, six months later, with Big Tech running into some selling recently, we’re asking the same question and looking at how to determine these levels with some simple technical analysis.

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