Nvidia may rise to 120.20 - 124.50

Pivot

112.00

Our preference

Long positions above 112.00 with targets at 120.20 & 124.50 in extension.

Alternative scenario

Below 112.00 look for further downside with 107.00 & 102.50 as targets.

Comment

The next resistances are at 120.20 and then at 124.50.

Supports and resistances

129.30

124.50

120.20

117.90 Last

112.00

107.00

102.50

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