Tech stocks declined but may be nearing an intermediate bottom with indications of market turnaround

From Nasdaq: 2024-07-25 18:46:00

Tech stocks took a hit as the Nasdaq fell for the third consecutive session. Money flow shows a shift from big tech to small caps like the Russell 2000 Index ETF. Hammer candles suggest an intermediate bottom, with RSI signaling oversold conditions. Leaders like Super Micro Computer and Nvidia could indicate a market turnaround. Additionally, Zacks highlights three top hydrogen stocks poised for growth.



Read more at Nasdaq: Tech Stocks: Should Investors Buy the Dip?