Nvidia may rise to 125.60 - 131.90

Pivot

116.20

Our preference

Long positions above 116.20 with targets at 125.60 & 131.90 in extension.

Alternative scenario

Below 116.20 look for further downside with 111.50 & 106.25 as targets.

Comment

The next resistances are at 125.60 and then at 131.90.

Supports and resistances

316.00

131.90

125.60

122.94 Last

116.20

111.50

106.25

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