Nvidia may rise to 1250.00 - 1305.00

Pivot

1180.00

Our preference

Long positions above 1180.00 with targets at 1250.00 & 1305.00 in extension.

Alternative scenario

Below 1180.00 look for further downside with 1120.00 & 1070.00 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

1350.00

1305.00

1250.00

1201.56 Last

1180.00

1120.00

1070.00

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