NVIDIA Intraday: as long as 107.42 is support look for 116.56
NVIDIA (NVDA.US)
+1.38+1.25%
as long as 107.42 is support look for 116.56
Our pivot point is at 107.42.
Our preference: as long as 107.42 is support look for 116.56
Alternative scenario: below 107.42, expect 104.35 and 102.52.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 108.89 and 105.66).
Supports and resistances:
120.26 **
118.41 *
116.56 **
114.71
110.77 USD - last
108.63
107.42 **
104.35 *
102.52 **
Our preference: as long as 107.42 is support look for 116.56
Alternative scenario: below 107.42, expect 104.35 and 102.52.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 108.89 and 105.66).
Supports and resistances:
120.26 **
118.41 *
116.56 **
114.71
110.77 USD - last
108.63
107.42 **
104.35 *
102.52 **
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