NVIDIA Short Term: as long as 130.49 is support look for 157.16
NVIDIA (NVDA.US)
-2.33-1.60%
as long as 130.49 is support look for 157.16
Our pivot point is at 130.49.
Our preference: as long as 130.49 is support look for 157.16
Alternative scenario: below 130.49, expect 122.02 and 116.98.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (142.06) but above its 50 period moving average (131.64).
Supports and resistances:
167.57 **
162.37 *
157.16 **
151.96
140.15 USD - last
133.82
130.49 **
122.02 *
116.98 **
Our preference: as long as 130.49 is support look for 157.16
Alternative scenario: below 130.49, expect 122.02 and 116.98.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (142.06) but above its 50 period moving average (131.64).
Supports and resistances:
167.57 **
162.37 *
157.16 **
151.96
140.15 USD - last
133.82
130.49 **
122.02 *
116.98 **
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.
