These Nasdaq 100 Stocks Broke Their Long-Term Trend in the Past Week

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By Gesard in Business
Updated 3 years ago

A handful of Nasdaq 100 stocks have broken their long-term trend as tech names came under pressure. Amazon, Zoom, Dexcom, Adobe and Fastenal all crossed below their 200-day moving average in the past week as rising rates and the reopening trade made high-growth stocks less attractive to investors. Three of...

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