NVIDIA Short Term: our next up target stands at 208.98
NVIDIA (NVDA.US)
-1.68-0.89%
our next up target stands at 208.98
Our pivot point is at 174.55.
Our preference: our next up target stands at 208.98
Alternative scenario: below 174.55, expect 163.92 and 157.59.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 180.25 and 185.68). Finally, the Nvidia is trading above its upper Bollinger band (standing at 188.99).
Supports and resistances:
222.08 **
215.53 *
208.98 **
202.43
189.21 USD - last
178.72
174.55 **
163.92 *
157.59 **
Our preference: our next up target stands at 208.98
Alternative scenario: below 174.55, expect 163.92 and 157.59.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 180.25 and 185.68). Finally, the Nvidia is trading above its upper Bollinger band (standing at 188.99).
Supports and resistances:
222.08 **
215.53 *
208.98 **
202.43
189.21 USD - last
178.72
174.55 **
163.92 *
157.59 **
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.
