Nvidia may fall to 90.80 - 95.50

Pivot

109.60

Our preference

Short positions below 109.60 with targets at 95.50 & 90.80 in extension.

Alternative scenario

Above 109.60 look for further upside with 116.00 & 123.50 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

123.50

116.00

109.60

102.79 Last

95.50

90.80

85.50

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