NVIDIA Intraday: key resistance at 109.60.

NVIDIA (NVDA.US)
-1.58-1.19%
short positions below 109.60 with targets at 101.00 & 95.50 in extension.
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Pivot: 109.60

Our preference: short positions below 109.60 with targets at 101.00 & 95.50 in extension.

Alternative scenario: above 109.60 look for further upside with 116.00 & 123.50 as targets.

Comment: the upward potential is likely to be limited by the resistance at 109.60.

Supports and resistances:
123.50
116.00
109.60
107.55 Last
101.00
95.50
90.80

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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