Stocks

Nvidia may rise to 145.50 - 152.40

2024-10-06

113.1 is our pivot point.

Our preference

The upside prevails as long as 113.1 is support.

Alternative scenario

Below 113.1, expect 101.8 and 95.1.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 118.0235 and 116.136).

Supports and resistances

159.3 **

152.4 *

145.5 **

138.8

124.92 (USD-last)

117.4

113.1 **

101.8 *

95.1 **

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

Introduction to Tradingtop Site

Related Articles


Return to All Articles