NVIDIA Intraday: Watching for a Trigger Below Support

NVIDIA (NVDA.US)
-1.75-0.84%
Eye 201.10
image
Our pivot point is at 211.55.

Our preference: Eye 201.10

Alternative scenario: above 211.55, look for 214.83 and 216.78.

Comment: Prices are now edging toward our first target. Should this level be reached, a pullback is likely to surface; yet a convincing break below it could open the door to further losses.

Supports and resistances:
216.78 **
214.83 *
211.55 **
205.60 USD - last
203.03
201.10 **
199.17 *

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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