Nvidia may rise to 132.00 - 136.00

Pivot

127.30

Our preference

Long positions above 127.30 with targets at 132.00 & 136.00 in extension.

Alternative scenario

Below 127.30 look for further downside with 122.85 & 118.00 as targets.

Comment

The RSI is below its neutrality area at 50% but reversing up.

Supports and resistances

139.60

136.00

132.00

128.05 Last

127.30

122.85

118.00

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