Nvidia may fall to 99.20 - 102.50

Pivot

112.00

Our preference

Short positions below 112.00 with targets at 102.50 & 99.20 in extension.

Alternative scenario

Above 112.00 look for further upside with 116.00 & 120.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

120.00

116.00

112.00

109.37 Last

102.50

99.20

95.90

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