Nvidia may fall to 107.10 - 112.40

Pivot

120.00

Our preference

Short positions below 120.00 with targets at 112.40 & 107.10 in extension.

Alternative scenario

Above 120.00 look for further upside with 125.40 & 129.00 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

129.00

125.40

120.00

114.91 Last

112.40

107.10

101.50

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