Nvidia may fall to 118.50 - 123.00

Pivot

130.00

Our preference

Short positions below 130.00 with targets at 123.00 & 118.50 in extension.

Alternative scenario

Above 130.00 look for further upside with 136.00 & 140.60 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

140.60

136.00

130.00

126.17 Last

123.00

118.50

114.00

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