Nvidia may rise to 155.70 - 161.30

130 is our pivot point.

Our preference

The upside prevails as long as 130 is support.

Alternative scenario

Below 130, expect 120.7 and 115.2.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 127.7165 and 121.5906).

Supports and resistances

167 **

161.3 *

155.7 **

150.2

138 (USD-last)

133.6

130 **

120.7 *

115.2 **

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