Stocks

Nvidia may rise to 131.90 - 136.00

2024-08-17

Pivot

118.50

Our preference

Long positions above 118.50 with targets at 131.90 & 136.00 in extension.

Alternative scenario

Below 118.50 look for further downside with 114.00 & 110.00 as targets.

Comment

The next resistances are at 131.90 and then at 136.00.

Supports and resistances

140.60

136.00

131.90

124.57 Last

118.50

114.00

110.00

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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