NVIDIA Will Fail to Reach $228 and Stall Near $217

NVIDIA will fail to hit $228 during the week of August 10 as the immediate resistance at $229.49 holds. The stock will still show the mixed signals from August 10 when it moved above a descending trendline to around $224 but closed at $217.15, down 3.04% that day. Traders will instead be forced to…