Nvidia may rise to 133.20 - 136.00

Pivot

122.80

Our preference

Long positions above 122.80 with targets at 133.20 & 136.00 in extension.

Alternative scenario

Below 122.80 look for further downside with 118.00 & 112.40 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

139.60

136.00

133.20

128.27 Last

122.80

118.00

112.40

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