Nvidia may rise to 120.00 - 125.00

Pivot

111.50

Our preference

Long positions above 111.50 with targets at 120.00 & 125.00 in extension.

Alternative scenario

Below 111.50 look for further downside with 106.25 & 103.30 as targets.

Comment

The next resistances are at 120.00 and then at 125.00.

Supports and resistances

131.90

125.00

120.00

117.48 Last

111.50

106.25

103.30

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