NVIDIA Intraday: under pressure below 173.78
NVIDIA (NVDA.US)
+3.09+1.81%
under pressure below 173.78
Our pivot point is at 173.78.
Our preference: under pressure below 173.78
Alternative scenario: above 173.78, look for 175.60 and 176.68.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 172.41 and 172.22).
Supports and resistances:
176.68 **
175.60 *
173.78 **
173.06
171.95 USD - last
169.71
168.63 **
167.55 *
166.47 **
Our preference: under pressure below 173.78
Alternative scenario: above 173.78, look for 175.60 and 176.68.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 172.41 and 172.22).
Supports and resistances:
176.68 **
175.60 *
173.78 **
173.06
171.95 USD - last
169.71
168.63 **
167.55 *
166.47 **
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