NVIDIA Short Term: gap
NVIDIA (NVDA.US)-1.25-0.86%
as long as 133.2 is support look for 161.4.
133.2 is our pivot point.
Our preference: as long as 133.2 is support look for 161.4.
Alternative scenario: the downside breakout of 133.2 would call for 124.5 and 119.5.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is below its 20 day moving average (142.2358) but above its 50 day moving average (130.9675).
Supports and resistances:
172 **
166.6 *
161.4 **
156
141.98 (USD-last)
136.7
133.2 **
124.5 *
119.5 **
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