NVIDIA Intraday: under pressure.
NVIDIA (NVDA.US)-4.29-4.01%
short positions below 120.00 with targets at 112.40 & 107.10 in extension.
![image](https://resource.mistorebox.com/pmsync/images/strategy/20240724/7014_20240724215833.gif)
Pivot: 120.00
Our preference: short positions below 120.00 with targets at 112.40 & 107.10 in extension.
Alternative scenario: above 120.00 look for further upside with 125.40 & 129.00 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
129.00
125.40
120.00
114.91 Last
112.40
107.10
101.50
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