Nvidia may fall to 99.20 - 102.50

Pivot

109.60

Our preference

Short positions below 109.60 with targets at 102.50 & 99.20 in extension.

Alternative scenario

Above 109.60 look for further upside with 116.00 & 120.00 as targets.

Comment

The upward potential is likely to be limited by the resistance at 109.60.

Supports and resistances

120.00

116.00

109.60

107.28 Last

102.50

99.20

95.90

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