{"id":441976,"date":"2026-11-12T00:40:07","date_gmt":"2026-11-11T17:40:07","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/as-the-broader-indices-move-solidly-higher-there-is-some-mixed-price-action-in-some-big-cap-tech-441976\/"},"modified":"2026-11-12T00:40:07","modified_gmt":"2026-11-11T17:40:07","slug":"as-the-broader-indices-move-solidly-higher-there-is-some-mixed-price-action-in-some-big-cap-tech","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/as-the-broader-indices-move-solidly-higher-there-is-some-mixed-price-action-in-some-big-cap-tech-441976\/","title":{"rendered":"As the broader indices move solidly higher there is some mixed price action in some big cap tech"},"content":{"rendered":"
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The broader stock indices are having a holiday to the upside, but what about some of the big cap tech names?<\/p>\n

Intel: Buyers build on the bounce. The next test is $66.21.<\/p>\n<\/p>\n

In yesterday\u2019s post, I outlined Intel\u2019s bounce from technical swing support at $51.50. Today, buyers are building on that recovery, with shares up $4.60, or 7.9%, at $62.73.<\/p>\n

The next key upside target comes in at $66.21. A break above that level\u2014and the ability to stay above it\u2014would give buyers more control and open the door for a further recovery toward $80.75. That level marks the 50% midpoint of the trading range since the July 2025 low.<\/p>\n

There is still work to do before that midpoint comes into focus. The immediate test is $66.21. Get above it, and the technical picture improves. Fail to break through, and sellers have a level to lean against.<\/p>\n

On the downside, $51.50 remains the key support and risk-defining level for the broader recovery. As long as that floor holds, buyers have a foundation to build on. A break below would undermine the bounce and put sellers back in control.<\/p>\n

Microsoft: Sellers test support as the pullback continues.<\/p>\n<\/p>\n

Shares of Microsoft are trading lower today, testing the rising 100 hour moving average at $518.11. Just below that level is a key swing area between $513.50 and $517.60.<\/p>\n

That puts the stock at an important technical crossroads. Buyers have an area to lean against and define their risk. However, a break below $517.60, followed by $513.50, would give sellers more control and open the door for further downside.<\/p>\n

Recall that Microsoft reached an all-time high of $559.15 last week. The subsequent retreat, alongside gains in some other AI names today, suggests a more selective market. For Microsoft buyers, the immediate task is to hold support and move away from the 100 hour moving average.<\/p>\n

Meta Platforms: Buyers regain key moving averages, but there is work to do.<\/p>\n<\/p>\n

Shares of Meta are also lower on the day, but have recovered from their session lows. From a technical perspective, the encouraging development is that the price is back above both its 200 day moving average at $631.54 and its 200 hour moving average at $635.53.<\/p>\n

With the stock trading near $640.70, those moving averages become the near-term barometers for buyers and sellers. Stay above them, and buyers remain in play. Move back below, and the recovery loses some of its technical support.<\/p>\n

On the topside, the next key target is $652.15. That marks the 50% midpoint of the move higher from the late-July low to the September high. Buyers have reclaimed support. Now they need to build on that progress.<\/p>\n

Nvidia: Buyers respond at the swing-area floor.<\/p>\n<\/p>\n

Nvidia is rebounding after yesterday\u2019s sharp selling took the price to $164.27, near the bottom of a key swing area between $164.07 and $168.80.<\/p>\n

The stock is currently up $6.40, or 3.75%, at $175.30. The bounce shows that buyers were willing to step in against a defined support area.<\/p>\n

Going forward, holding above $168.80 would keep the recovery on firmer footing. A move back into the swing area would weaken that recovery, while a break below $164.07 would give sellers more control.<\/p>\n

On the topside, the next key target is $190. There is still ground to cover, but buyers now have a floor against which to define risk. Hold that floor, and they have a foundation for a further recovery.<\/p>\n<\/p>\n

Apple: Buyers take aim at the all-time high.<\/p>\n<\/p>\n

Apple shares are up 1.54% at $353.88, putting the all-time high at $355.38 within reach.<\/p>\n

That high is the next key barometer. A break above\u2014and the ability to sustain that break\u2014would put the stock into fresh record territory and open the door for further upside momentum. If buyers cannot get through, sellers have a clearly defined level to lean against.<\/p>\n

On the downside, the rising 100 hour moving average at $337.60 remains the key support and risk-defining level for the broader move higher. Buyers remain in control above that moving average. The immediate task is to turn the test of $355.38 into a sustained breakout.<\/p>\n

Tesla: Buyers reclaim key moving averages. Can they hold control?<\/p>\n<\/p>\n

Tesla has snapped back higher after the sharp post-election selloff took the price down to $337.25.<\/p>\n

The recovery has carried the stock back above three key technical levels: the 200 hour moving average at $366.38, the 100 hour moving average at $373.48, and the 200 day moving average at $383.05. Reclaiming those levels shifts the technical bias back toward the buyers.<\/p>\n

The next task is to hold those gains. The 200 day moving average at $383.05 is now the closest key barometer. Stay above it, and buyers have a foundation for a push toward $400. A sustained break above that level would open the door for further upside momentum.<\/p>\n

Conversely, a move back below $383.05 would weaken the recovery and bring the 100 hour moving average at $373.48 back into focus, followed by the 200 hour moving average at $366.38. Buyers have reclaimed important ground. Now they need to defend it.<\/p>\n<\/p>\n

This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

The broader stock indices are having a holiday to the upside, but what about some of the big cap tech names? Intel: Buyers build on the bounce. The next test is $66.21.…<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-441976","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=441976"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441976\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=441976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=441976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=441976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}