Nvidia may fall to 118.00 - 123.00

Pivot

130.00

Our preference

Short positions below 130.00 with targets at 123.00 & 118.00 in extension.

Alternative scenario

Above 130.00 look for further upside with 133.00 & 136.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

136.00

133.00

130.00

126.60 Last

123.00

118.00

112.00

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