Nvidia may fall to 122.85 - 125.70

Pivot

132.60

Our preference

Short positions below 132.60 with targets at 125.70 & 122.85 in extension.

Alternative scenario

Above 132.60 look for further upside with 136.00 & 139.60 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

139.60

136.00

132.60

129.23 Last

125.70

122.85

120.50

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