Nvidia may fall to 113.20 - 115.30

Pivot

119.50

Our preference

Short positions below 119.50 with targets at 115.30 & 113.20 in extension.

Alternative scenario

Above 119.50 look for further upside with 122.50 & 124.90 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

124.90

122.50

119.50

117.75 Last

115.30

113.20

109.85

Number of asterisks represents the strength of support and resistance levels.