Nvidia may rise to 133.20 - 136.20

Pivot

127.70

Our preference

Long positions above 127.70 with targets at 133.20 & 136.20 in extension.

Alternative scenario

Below 127.70 look for further downside with 125.80 & 122.90 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

Supports and resistances

140.00

136.20

133.20

131.10 Last

127.70

125.80

122.90

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