Nvidia may rise to 130.00 - 133.00

Pivot

123.00

Our preference

Long positions above 123.00 with targets at 130.00 & 133.00 in extension.

Alternative scenario

Below 123.00 look for further downside with 118.00 & 112.00 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

136.00

133.00

130.00

126.25 Last

123.00

118.00

112.00

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