NVIDIA Intraday: the downside prevails as long as 173.57 is resistance
NVIDIA (NVDA.US)
+3.09+1.81%
the downside prevails as long as 173.57 is resistance
Our pivot point is at 173.57.
Our preference: the downside prevails as long as 173.57 is resistance
Alternative scenario: above 173.57, look for 175.38 and 176.47.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 172.38 and 172.25). Finally, the Nvidia is trading below its lower Bollinger band (standing at 171.65).
Supports and resistances:
176.47 **
175.38 *
173.57 **
172.85
171.49 USD - last
169.06
167.98 **
166.91 *
165.83 **
Our preference: the downside prevails as long as 173.57 is resistance
Alternative scenario: above 173.57, look for 175.38 and 176.47.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 172.38 and 172.25). Finally, the Nvidia is trading below its lower Bollinger band (standing at 171.65).
Supports and resistances:
176.47 **
175.38 *
173.57 **
172.85
171.49 USD - last
169.06
167.98 **
166.91 *
165.83 **
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