Nvidia may rise to 136.00 - 140.00

Pivot

130.55

Our preference

Long positions above 130.55 with targets at 136.00 & 140.00 in extension.

Alternative scenario

Below 130.55 look for further downside with 127.60 & 124.30 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

143.50

140.00

136.00

134.82 Last

130.55

127.60

124.30

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