Nvidia may fall to 120.50 - 122.85

Pivot

129.00

Our preference

Short positions below 129.00 with targets at 122.85 & 120.50 in extension.

Alternative scenario

Above 129.00 look for further upside with 132.00 & 136.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

136.00

132.00

129.00

126.36 Last

122.85

120.50

118.80

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