Profit Taking Pushed NVIDIA Below $225.16 on August 17

NVIDIA closed lower on August 17 at $225.16 even as technicals sent mixed signals. The 1-hour MACD histogram read -0.24 while the daily MACD line was 5.28 above its 3.23 signal and the RSI stood at 63.03. The shares sat above the 20-day, 50-day and 200-day EMAs of $213.59, $208.76 and $195.15 but s…