NVIDIA Short Term: the downside prevails as long as 140.1 is resistance
NVIDIA (NVDA.US)
+0.50+0.36%
the downside prevails as long as 140.1 is resistance.
Our pivot point stands at 140.1.
Our preference: the downside prevails as long as 140.1 is resistance.
Alternative scenario: above 140.1, look for 147.7 and 152.1.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 137.672 and 139.6227).
Supports and resistances:
152.1 **
147.7 *
140.1 **
137
130.68 (USD-last)
120.7
116.3 **
112.1 *
107.7 **
Our preference: the downside prevails as long as 140.1 is resistance.
Alternative scenario: above 140.1, look for 147.7 and 152.1.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 137.672 and 139.6227).
Supports and resistances:
152.1 **
147.7 *
140.1 **
137
130.68 (USD-last)
120.7
116.3 **
112.1 *
107.7 **
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