Nvidia may fall to 96.00 - 101.50

Pivot

112.00

Our preference

Short positions below 112.00 with targets at 101.50 & 96.00 in extension.

Alternative scenario

Above 112.00 look for further upside with 116.30 & 120.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

120.00

116.30

112.00

105.22 Last

101.50

96.00

91.90

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