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      Nvidia Reaches New High as Other Magnificent Seven Stocks Struggle

      The Nasdaq Composite and Nasdaq 100 indices have reached record highs, yet only Nvidia has achieved a new all-time high among the Magnificent Seven stocks. Nvidia's stock price hit $237.88, surpassing its previous high of $236.54 from May. This upward movement has established a new support level between $230.32 and $233.21, which traders will watch closely for any potential pullbacks.

      In contrast, Microsoft shares are currently trading around $516, fluctuating within a critical range. After a brief rise to $522.50, the price retreated back into the swing area, indicating a need for buyers to maintain support at $513.50 to regain upward momentum. Meta Platforms has also shown volatility, correcting from a peak of $780 to around $741.58, with resistance now at the $745 to $760 range.

      Alphabet's stock has seen a slight recovery after dipping below its 200-day moving average, but it must hold above this level to strengthen its bullish outlook. Meanwhile, Apple shares have corrected from their all-time high of $345.34, currently trading around $334.54, with the 100-hour moving average serving as a key resistance point. The performance of these stocks highlights the varying technical conditions within the index, emphasizing the importance of individual stock analysis in trading decisions.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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