Nvidia may fall to 83.45 - 88.35

Pivot

107.15

Our preference

Short positions below 107.15 with targets at 88.35 & 83.45 in extension.

Alternative scenario

Above 107.15 look for further upside with 112.20 & 120.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

120.00

112.20

107.15

99.39 Last

88.35

83.45

76.85

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