Nvidia may fall to 115.25 - 118.00

Pivot

126.70

Our preference

Short positions below 126.70 with targets at 118.00 & 115.25 in extension.

Alternative scenario

Above 126.70 look for further upside with 130.00 & 133.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

133.00

130.00

126.70

122.95 Last

118.00

115.25

112.00

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