Nvidia may fall to 101.50 - 107.10

Pivot

120.00

Our preference

Short positions below 120.00 with targets at 107.10 & 101.50 in extension.

Alternative scenario

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

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

129.00

125.40

120.00

114.75 Last

107.10

101.50

96.00

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