NVIDIA Intraday: as long as 137.12 is resistance look for 127.78
NVIDIA (NVDA.US)
-1.13-0.83%
as long as 137.12 is resistance look for 127.78
Our pivot point is at 137.12.
Our preference: as long as 137.12 is resistance look for 127.78
Alternative scenario: above 137.12, look for 140.51 and 142.53.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI should trigger further losses. Moreover, the price stands above its 20 period moving average (134.30) but below its 50 period moving average (134.71).
Supports and resistances:
142.53 **
140.51 *
137.12 **
135.79
134.39 USD - last
129.79
127.78 **
125.77 *
123.76 **
Our preference: as long as 137.12 is resistance look for 127.78
Alternative scenario: above 137.12, look for 140.51 and 142.53.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI should trigger further losses. Moreover, the price stands above its 20 period moving average (134.30) but below its 50 period moving average (134.71).
Supports and resistances:
142.53 **
140.51 *
137.12 **
135.79
134.39 USD - last
129.79
127.78 **
125.77 *
123.76 **
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