NVIDIA Short Term: the downside prevails as long as 141.4 is resistance
NVIDIA (NVDA.US)
+0.50+0.36%
the downside prevails as long as 141.4 is resistance.
Our pivot point is at 141.4.
Our preference: the downside prevails as long as 141.4 is resistance.
Alternative scenario: above 141.4, look for 149.2 and 153.9.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 137.0735 and 139.6205).
Supports and resistances:
153.9 **
149.2 *
141.4 **
138.4
134.7 (USD-last)
119.4
115 **
110.5 *
106.2 **
Our preference: the downside prevails as long as 141.4 is resistance.
Alternative scenario: above 141.4, look for 149.2 and 153.9.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 137.0735 and 139.6205).
Supports and resistances:
153.9 **
149.2 *
141.4 **
138.4
134.7 (USD-last)
119.4
115 **
110.5 *
106.2 **
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