Resilient Stocks: Nvidia's Slump and Oracle's Beat Present Buying Opportunities
Nvidia, Uber, Axon Enterprise, and other IBD Leaderboard stocks are showing resilience in the pressure-cooker market as market indexes face uncertainty. Nvidia is testing its 50-day moving average, while Uber and Axon are bouncing above that benchmark. Other stocks like Celsius, Tidewater, and Meta Platforms are also displaying mixed technical action. Investors should monitor support and resistance levels in major indexes, with the Nasdaq and S&P 500 moving back above their 50-day lines. Uber and Nvidia are showing strength, while the market's overall trend remains uncertain.